Bollwood blackout in Union Budget |
India`s finance minister Arun Jaitley has announced his government`s Budget for 2018-19 on Feb 1, 2018. However, he hasn`t touched Bollywood and its problems in it. That`s why the entertainment industry is very much disappointed. The TV Producers` Guild of India had appealed to My Jaitley to grant few concessions to it. They had sought reduction in entertainment tax imposed on theaters. The Guild pleaded the cinema plays a vital role in introducing India and its wide-ranging developments in all sectors to the world. So, they argued that the cinema should be given the status of industry so that it is entitled for various concessions.
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