Service tax on film industry scrapped, Service tax on film industry scrapped, service tax lifted on film industry, no service tax on film industryService tax on film industry scrapped:
The central budget for the financial year 2013-14 has been announced and it came as a good news for the film industry, as the Service tax on them has been crossed out by the government.
With the repeated protests and allegations against the government levying the service tax on the film industry, the government has considered their requests and the tax has been lifted.
Recently, the film personalities of various industries have even held fasts against the service tax saying that it is increasing the burden on them and the news can be a great relief for them.
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