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01-15-2013, 10:59 PM #1
Bollywood likely to go on strike over service taxBollywood is likely to call for a strike to protest against the government's decision to levy 12.36 percent service tax on film and television actors.
"We are in a process of deciding that if we have to call for a shut down. It's not our choice, we are compelled to do so. We are having a meeting soon and then we will decide about it," Mukesh Bhatt, president of the Film and Television Producers Guild of India, told IANS.
According to producer Ramesh Taurani, man behind films like "Ajab Prem Ki Ghazab Kahani" and forthcoming thriller "Race 2", producers are meeting Wednesday to discuss the issue.
"Tomorrow (Wednesday) all the producers will have a meeting where we will have to find a solution to the problem. It's an additional burden on us and we can't handle this anymore," he said.
The service tax is effective from this month and film and television actors will be charged 12.36 percent service tax on their earnings from film, TV shows and endorsements. The indirect tax will be in addition to their income tax and the producers believe that they will have to bear the brunt of it....being a human...