“We will do out best to entertain the audience”. This is the motto of every movie maker because if the film is not entertaining then it will be a big flop and that gets a bad name for the director, stars and a big loss for the producer. Now no one wants that! Instead, if the film is entertaining then actors get fame, the director gets appreciated and producer gets richer. Entertainment is vital for us too as it keeps us happy and takes us to a different world and breaks the monotonous daily life. So be entertained 24 x 7 using the Movie Box App For iOS
What are taxes?
Taxes are a compulsory contribution from every individual that earns either by job or business or any means to the state revenue and it is generated by the government. They are every individual’s contribution to the betterment of the country.
Why should we pay taxes?
Taxes seem to be a heavy demand or strain from our government’s side and may appear like a burden that is why many people hide their money as to avoid paying taxes. We should never do that. If we do not pay our tax then the government will have no money and then there can be no improvement in the society. We want better roads, better footpaths, trees planted for shade, parks made for kids, better infrastructure, better local vehicles but how will that be possible if we hide the money required for it? Many say that government has black money and why should we pay tax if they will not use it for us? But if we hide money and not pay taxes that is also black money and even we are then being corrupt.
What is Entertainment Tax?
Entertainment tax is the tax levied by the government on every film that gets a wide release in India are is deducted from the gross collection. It falls in the List 2 of the Seventh Schedule of Constitution of India and it is exclusively reserved as a revenue source for the state government. It is different in different states. But states like Assam, Himachal Pradesh, Jammu & Kashmir, Rajasthan, Punjab and Uttarakhand it is nil. It is also applicable for big shows and private celebrations that house large audience.
Why is Entertainment tax paid?
Entertainment tax is paid because the making of movies, theaters, maintenance of assets used by movie making people comes all under the government. App creators like MovieBox and Hotstar also need to pay taxes since they make big money using advertising. The entertainment industry earns a lot so their contribution is a big amount. This helps the state government to improve infrastructure, build schools for the poor and help the state people to cope up with various problems they might be facing. The tax money may not be completely used as there are many corrupt officials but even if 10% is being used we should be proud that we are a part of that.
No one should hide money just to save tax. That is illegal and punishable. That is morally wrong too. We should be responsible citizens and regularly contribute to the betterment of our nation.