HomeNew CoinsKarnataka Residents May Face Higher Costs for Watching Movies on OTT Platforms...

Karnataka Residents May Face Higher Costs for Watching Movies on OTT Platforms and in Cinemas: Latest Updates as of July 20, 2024

Published on


Latest News Today Live Updates: July 20, 2024

India News Live Updates: Watching movies on OTT platforms, cinemas likely to become a costlier prospect in Karnataka

The Karnataka government is considering a new tax on cinema tickets and OTT subscription fees to support film and cultural workers through the Karnataka Cine and Cultural Workers (Welfare) Bill. This move could potentially make watching movies on OTT platforms and in cinemas a costlier prospect for residents of Karnataka.

The proposed tax is aimed at providing financial support to film and cultural workers in the state, who have been impacted by the ongoing pandemic and other economic challenges. By levying a tax on cinema tickets and OTT subscription fees, the government hopes to generate revenue that can be used to assist these workers in the industry.

This development is likely to have an impact on moviegoers and entertainment enthusiasts in Karnataka, as they may have to pay higher prices to enjoy their favorite films on OTT platforms or in cinemas. It remains to be seen how this potential tax will be implemented and what its implications will be for the film industry and consumers in the state.

Stay tuned for more updates on this story as it unfolds.

Latest articles

BDAG’s Keynote Steals the Show at Shibuya Crossing, Outshining PEPE & BONK in Price Wars

Revolutionizing the Crypto World: BlockDAG's Game-Changing Keynote at Shibuya Crossing BlockDAG is making waves...

Promising Price Gains Await with These Meme Cryptos Worth Buying

Exploring the Top Meme Cryptos to Buy: Coq Inu, DOG GO TO THE...

Analysis and Prediction of Binance Coin Price on May 30: BNB Rebounds Following Triangle Retest, Can it Sustain as a Support Level?

Analysis of BNB's Price Movement and Key Levels to Watch The price of BNB...

SEC Requests Ethereum ETF Issuers to Submit Revised S-1 Filings by End of Week

SEC Requests Updated S-1 Filings for Spot Ethereum ETF Issuers The U.S. Securities and...

More like this

BDAG’s Keynote Steals the Show at Shibuya Crossing, Outshining PEPE & BONK in Price Wars

Revolutionizing the Crypto World: BlockDAG's Game-Changing Keynote at Shibuya Crossing BlockDAG is making waves...

Promising Price Gains Await with These Meme Cryptos Worth Buying

Exploring the Top Meme Cryptos to Buy: Coq Inu, DOG GO TO THE...

Analysis and Prediction of Binance Coin Price on May 30: BNB Rebounds Following Triangle Retest, Can it Sustain as a Support Level?

Analysis of BNB's Price Movement and Key Levels to Watch The price of BNB...
bitcoin
Bitcoin (BTC) $ 116,067.10
ethereum
Ethereum (ETH) $ 4,625.62
xrp
XRP (XRP) $ 3.04
tether
Tether (USDT) $ 1.00
solana
Solana (SOL) $ 242.92
bnb
BNB (BNB) $ 932.29
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.281403
staked-ether
Lido Staked Ether (STETH) $ 4,617.29
tron
TRON (TRX) $ 0.349017