News

Tollwood vs IT Department taxes

Tollwood

 

 

 

 

 

Tollwood vs IT Department taxes-IT Officer has held meeting with producers in the Tollywood industry for evading income tax by the producers. According to IT officials around 2500 members need to pay income tax, but only 800 members are paying him. Murali Mohan said that production is carried producers on a roller coaster and explained the nuances involved in the production of a film.

Some of the producers are saying that due to piracy facing huge losses so the department has to give some tax exemption for producers. Allu Aravind and Dasari Narayana suggest some kind of exception or reduction of tax officials.

IT Official has conducted meeting with Tollywood industry producers regarding evading the income tax by some of producers. According to IT officials around 2500 members need pay income tax but only 800 members are paying it. Murali Mohan clarified that the production takes the producers on a roller coaster ride and explained the nuances involved in producing a film.

Some of producers are saying that due to piracy they facing huge losses so the IT department need to give some exception in taxes for producers.  Allu Aravind & Dasari Narayana suggested some kind of tax exception or reduction to the officials.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button