Akshay: Service tax has forced independent producers to lock doors

Akshay: Service tax has forced independent producers to lock doors
Thursday, January 17, 2013 12:21 IST
By Santa Banta News Network
The government's decision to levy 12.36 percent service tax on film and television actors is taking a toll on the industry, says Bollywood star Akshay Kumar, adding it has forced independent producers to stop making movies.

"A lot of films are closing because of this (service tax)... and due to this many (independent) producers have locked their door from making films. Now there are only big producers and corporate producers who are making films," he said in a group interview.

The actor feels that the industry already pays a lot of tax.

Most likely, the filmmakers will go on a strike to protest against the service tax.

Akshay, the man behind two production houses - Hari Om Productions and Grazing Goat Pictures - feels "our industry pays a lot of tax...this should not happen."

"I am sure the government knows the best. But this (strike) will tell the government that whatever is happening is not right. We should try and remove this, this will help to make more movies," added the 45-year-old.

He urges media to take up the issue, saying: "Media should talk and write about the service tax as it is not right, especially for the producers."

After giving mega hits like "Housefull2", "Rowdy Rathore" and "Oh My God!" last year, he is gearing up for the release of "Special Chabbis", his first outing of 2013. Coming out in February, Neeraj Pandey directed heist drama also stars Anupam Kher and Manoj Bajpayee.
Malaika Arora Shares a Heartwarming Peek Into Her Favorite Things and Personal Life!

Malaika Arora, the ever-stylish Bollywood diva and fitness icon, has once again captured hearts—this

Wednesday, April 09, 2025
Mammootty's 'Bazooka' Pre-Release Teaser Packs a Punch Ahead of Grand Theatrical Launch!

The excitement is reaching fever pitch as the makers of the highly anticipated action thriller

Wednesday, April 09, 2025
Kashika Kapoor Earns Acclaim with Debut in Love Your Father, Expresses Desire to Share Screen with Icon Star Allu Arjun!

Telugu cinema has found a promising new face in Kashika Kapoor, who made a remarkable debut with the

Wednesday, April 09, 2025
Paresh Rawal Sparks Excitement: 'Hera Pheri 3' Likely to Release Before 2026 Monsoon!

The beloved comedy franchise Hera Pheri is officially back in the spotlight as veteran actor Paresh Rawal

Wednesday, April 09, 2025
Celebrating 20 Years of Lucky- Writer Director duo Radhika Rao and Vinay Sapru Remember Salman Khan as their forever Favourite Hero!

Today marks 20 years since Lucky: No Time For Love first hit the screens. This romantic film introduced us to

Wednesday, April 09, 2025
ADVERTISEMENT
ADVERTISEMENT