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Yash Chopra wary of multiple taxation on films

Yash Chopra wary of multiple taxation on films

Veteran filmmaker Yash Chopra has said that the very existence of the film industry will be at stake if the government does not relax multiple taxes imposed on the production, distribution and exhibition of films.

Chopra said the film industry would face an unbearable burden if the taxation laws were amended as proposed and the goods and services tax (GST) tax comes into place in addition to the existing entertainment tax.

He was speaking at the inaugural of the two-day Media and Entertainment Business Conclave organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) at Hyderabad on Wednesday on the theme of ‘Is regional the new national?’

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