News Update

6 burnt to death as bus catches fire after ramming into lorry in APIndian exports in April month registers 6.9% growthUnion Minister Jyotiraditya Scindia’ mother passes away after month-long treatment at AIIMSGovt consults stakeholders on protection of consumers from online fake reviewsTo promote cruise-ship tourism China allows visa-free entry of foreign touristsErroneous RefundModern Money Maze: Life Insurance or Annuity for Tax Advantage?I-T- Assessment order quashed where passed without considering assessee's request for adjourment seeking additional time to file reply to Show Cause Notice: HCGovt issues alert against incidents of 'Blackmail' by Cyber Criminals impersonating agenciesI-T- Re-assessment invalidated where assessee makes full & true disclosure of material facts necessary for assessment & where AO has no new tangible evidence: HCECI's second suo motu report on two month's enforcement of MCCIndia walls off 1000 Skype IDs used by cyber criminalsI-T - There cannot be any justification for allowing a deduction u/s 37(1) or u/s 28, of write-off of amount paid on encashment of this corporate guarantee: ITATGoogle to provide AI-powered answers in search: PichaiDefence Secy inaugurates midget submarine prototype & solar electric hybrid boat8 farmworkers die in Florida as bus rams into pickup truckI-T-If an expenditure has no connection with exempt income, then such expenditure cannot be disallowed u/s 14A: ITATTesla to lay off 600 more employeesUntimely demise of Sushil Modi; TIOL Knowledge Foundation loses a passionate patronPro-Palestine protesters wind up encampment at Harvard Univ
 
Javadekar holds meeting with film industry representatives

By TIOL News Service

NEW DELHI, JUNE 03, 2020: THE Union Minister for Information and Broadcasting, Mr Prakash Javadekar, yesterday held a meeting over video conference with the Association of Film Producers, Cinema Exhibitioners and Film Industry representatives yesterday. The meeting was convened by the Minister to discuss the problems being faced by the industry due to COVID19, representations on which had been sent to the Minister by these parties.

The Minister, while addressing the audience, appreciated the fact that India had over 9,500 screens generating nearly Rs 30 crores per day by way of sale of tickets of cinema halls alone. Discussing the specific demands of the industry, Mr Javadekar remarked that relief sought by the industry are more in the nature of financial relief such as salary subsidy, interest free loans for three years, exemption on taxes and duties, waiver of minimum demand charges on electricity and electricity at industrial rates etc. The Minister assured the representatives that the issues will be taken up with concerned Ministries for necessary action.

On the issue of restarting production related activities, the Minister said that standard operating procedures are being issued by Government. With regard to the demand of opening of cinema halls the Minister informed the representatives that it will be examined after looking at the status of COVID-19 pandemic in the month of June.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.