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.
Shraddha Kapoor Reveals the Reason Behind Her Reduced Social Media Activity!

Bollywood actress Shraddha Kapoor has finally opened up about why she has been less active on social media

Wednesday, January 22, 2025
Nandamuri Balakrishna's 'Daaku Maharaaj' Hindi Release Date Announced!

After conquering Tollywood, Daaku Maharaaj is now set to make a grand entry into the Hindi-speaking market

Wednesday, January 22, 2025
Farhan Akhtar Hints at 'Zindagi Na Milegi Dobara 2' to Sister Zoya Akhtar!

Bollywood multi-hyphenate Farhan Akhtar is eager for his filmmaker sister Zoya Akhtar to consider

Wednesday, January 22, 2025
Sooraj Pancholi, Suniel Shetty, and Vivek Oberoi Unite for 'Kesari Veer: Legend Of Somnath'!

The much-anticipated biopic Kesari Veer: Legend Of Somnath is officially in the works, featuring Sooraj

Wednesday, January 22, 2025
Priyanka Chopra Seeks Blessings at Chilkur Balaji Temple!

Bollywood superstar Priyanka Chopra is in India for a short visit and recently took blessings at the Chilkur

Wednesday, January 22, 2025
ADVERTISEMENT
ADVERTISEMENT