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‘We have been ignored’: Entertainment industry on expectations from Budget 2025

From a rationalised GST, simplifying tax framework to subsidy in shoot, stakeholders in the entertainment industry spoke to Mid-day on what they expect from the Union Budget 2025

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Image used for representational purposes only

Image used for representational purposes only

All eyes are on Finance Minister Nirmala Sitharaman who will be reading out the Budget plans for 2025-2026 on February 1, Saturday in the Parliament. The budget plan for different sectors from health, defence, railways, income tax, and entertainment among others will be laid out tomorrow. Ahead of the budget session in the parliament, mid-day reached out to some stakeholders in the entertainment industry to understand what their expectations are from the forthcoming budget. 

‘Rationalise GST’ 

Gaurav Sharma, Chief Financial Officer, PVR INOX Ltd says, "We urge the government to rationalize GST on cinema tickets to enhance affordability and drive footfalls while also simplifying the tax framework to reduce litigation and improve the ease of doing business. A more predictable and streamlined regulatory environment will enable sustained investments in cinema infrastructure, fostering long-term growth for the industry."

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