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.