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No Kollywood on Jan 7th!

IndiaGlitz [Wednesday, January 02, 2013]
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The 12.36% service tax levied by central government is causing a riot in the industry which leads to a refusal to work for a whole day by Kollywood and its members. This is a recurrence of the same issue last year where Kollywood shut down on the 23rd of February 2012 as a strike against service taxes, to which the government paid no heed and carried it out on the 1st of July.

Nadigar Sangam Head Sarath Kumar states, " Though Service Tax has come into effect from July 1, 2012, we want to raise our voice now as the budget session is around the corner." Although Kollywood is going to be still on Jan 7th, theaters will still be open as they aren't going to be affected by taxes says Paneerselvam, Secretary Tamil Nadu Theater Owners Association.




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