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Budget 2018: Bollywood wants tax cuts to spur theatre footfall, curb piracy

With the introduction of GST, entertainment tax was placed under the highest tax slab of 28%


India’s film industry, battling falling theatre footfalls, is hoping that the government will encourage the proliferation of multiplexes in non-metros to meet the demand for entertainment in smaller towns and help curb rampant piracy. Finance Minister Arun Jaitley will on Thursday present the Union Budget 2018, where the Modi government is expected to try and woo rural voters and small businesses as the country heads into a season of elections. The entertainment industry is not likely to be a big priority. ALSO READ: Budget 2018 LIVE: Populism to fiscal prudence, what ...

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First Published: Thu, February 01 2018. 07:20 IST