If you were thinking of unwinding by watching a film this weekend, the new GST (Goods and Services Tax) may put a grinding halt to your plans. For the uninitiated, GST has put movie tickets under the highest tax slab - 28 per cent. Regional films will be hit harder than Bollywood films, as they currently pay either nothing or subsidised entertainment tax. If the government wants to curb piracy, higher ticket prices are not the way to go. It remains to be seen if other states follow suit or if cinegoers are burdened with higher prices.
Source: India Today June 30, 2017 12:51 UTC