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

Latest Crypto.Com Announcement Leads to Another Major Adoption for Shiba Inu

Shiba Inu Adoption Grows with Crypto.com Partnership The adoption rate of Shiba Inu, a...

Analyst Recommends Buying SOL as Solana Drops 40%

Is This The Best Time To Buy Solana? The recent correction in the cryptocurrency...

Cardano Founder Provides Important Update on the Chang Fork

Cardano Blockchain Governance Update: ICC Voting Underway for Chang Hard Fork Title: Cardano Blockchain...

Can Solana (SOL) Reach $140 This Weekend?

Analysis of Solana (SOL) Price Movement and Market Trends The cryptocurrency market has been...

More like this

Latest Crypto.Com Announcement Leads to Another Major Adoption for Shiba Inu

Shiba Inu Adoption Grows with Crypto.com Partnership The adoption rate of Shiba Inu, a...

Analyst Recommends Buying SOL as Solana Drops 40%

Is This The Best Time To Buy Solana? The recent correction in the cryptocurrency...

Cardano Founder Provides Important Update on the Chang Fork

Cardano Blockchain Governance Update: ICC Voting Underway for Chang Hard Fork Title: Cardano Blockchain...
bitcoin
Bitcoin (BTC) $ 88,162.00
ethereum
Ethereum (ETH) $ 2,978.39
tether
Tether (USDT) $ 0.999542
bnb
BNB (BNB) $ 853.78
xrp
XRP (XRP) $ 1.93
usd-coin
USDC (USDC) $ 0.999789
tron
TRON (TRX) $ 0.280229
staked-ether
Lido Staked Ether (STETH) $ 2,976.58
dogecoin
Dogecoin (DOGE) $ 0.131945
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04