Veteran actor Kamal Haasan has hit out at the Central Government for announcing 28% tax slab under the GST (Goods and Services Tax) for regional cinema.
He said, One India, One Tax GST regime is good but said the 28 per cent tax will ruin regional cinema.
He urged the Finance Minister to reduce the Goods and Services Tax rate for the cinema industry. He requests that the GST rate is brought down to 12-15 percent.
He said He will have to quit the industry on the highest tax slab.