Sunday, 17 February 2019

Hoping for a Better Future for Film Industry in india

Film Federation of India moots a formula for a reinforced PPP with Govt. of India towards boosting footfalls in cinema houses, creating more jobs, realising the industry’s true potential as a contributor to the national economy and expanding its footprint and strengthening its presence in India and across the world.
The newly elected Executive Committee of Film Federation of India (FFI) met in Delhi to take up some urgent burning issues that have been plaguing the Indian Film Industry for quite some time now, such as, greater industry representation in Government bodies, more screens, restoring and rejuvenating single screens, localised Animal Welfare Board offices, boosting film tourism and more.
  In the Government annals, the Indian Film Industry is seen as a Sin Industry, in line with beedi, tobacco, alcohol among others. This archaic classification has made the industry a ready and easy target for taxation. In the new GST regime, Luxury goods and Sin goods are taxed at highest rate of 28%. It is only recently the Government has relaxed its stand and decided to lend a helping hand to the Film Industry in the form of a) partially relaxed GST on tickets b) intent to create a Single Window Clearance for the industry and c) willingness to working jointly with the industry to curb piracy.
“FFI has always been a pro-active organisation and worked together with the Government of the times since its inception,” says President Firdaus ul Hasan, “and is more than willing to constructively help support and complement the Indian government in its efforts to strengthen Indian cinema”.
   We are all looking forward for a better future for Film Industry.                           -Hello Kolkata Network

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