SOUTH INDIAN FILM REPRESENTATIVES RELEASE A STATEMENT AFTER MEETING FINANCE MINISTER REGARDING TAX ISSUES!

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The South Indian Film Chamber of Commerce released a statement today on March 16 thanking Finance Minister, Nirmala Sitharaman for considering their request regarding the issues with TDS (Tax Deduction at Source) levied on distributors' income.

South Indian Film Chamber of Commerce’s statement after meeting Nirmala Sitharaman regarding TDS issues

According to the statement, “"We thank Smt. Nirmala Sitharaman, Hon.ble Finance Minister, for giving us an opportunity to submit our memorandum and for patiently hearing out our problems concerning TDS percentages levied on distributors’ share and producers’ share.”

“The Minister appreciated that there are some crucial issues that need to be resolved. She instructed us to form a special committee within the film industry comprising of Ms. Sumathala, M. P., Shri Prahlad joshi, Hon.ble Minister for Parliamentary Affairs and Mines and Coal, Shri K. Raghu Rama Krishna Raju, M.P., Mr. Katragadda Prasad, Mr. Ravi Kottarakara, Mr. C. Kalyan, Mr. D.R. Jairaj, Mr. Sa. Ra. Govidu, Mr. Rockline Venkatesh, Mr. K.C.N Chandrashekar, Mr. K. L. Damodar Prasad to discuss and resolve the above issues.”

The chamber thanking the Minister, stated, “The entire film industry is thankful to our Honourable Finance Minister for giving this opportunity and for the keen interest to resolve the problems of the film industry.”

Entertainment sub editor

பிரேக்கிங் சினிமா செய்திகள், திரை விமர்சனம், பாடல் விமர்சனம், ஃபோட்டோ கேலரி, பாக்ஸ் ஆபிஸ் செய்திகள், ஸ்லைடு ஷோ, போன்ற பல்வேறு சுவாரஸியமான தகவல்களை தமிழில் படிக்க இங்கு கிளிக் செய்யவும்      

South Indian Film Chamber of Commerce’s statement after meeting Nirmala Sitharaman regarding TDS issues

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