Honourable Information and Broadcasting Minister
Ambika Soni today opened the 5th Film Bazaar yesterday during the 42nd
International Film Festival of India (IFFI-2011), in Panaji.
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Noted Film Director Anurag Kashyap and the Managing Director, NFDC, Lath Gupta where also present.
Addressing media after the inauguration, Film Bazaar
at International Film Festival of India (IFFI) in Goa, Soni said that
NFDC has more expanded role now. It is now having Rs 100 crore turn over
and NDFC is getting tremendous boost now. The film bazaar has increased
in the profile and participation this year with more than 45 countries
participating in Film Bazaar. Last year, NFDC went on our own to
Cannes. We have been successful in synergies with Incredible India.
Soni said that there has been a demand by filmmakers
to lower the entertainment tax structure in the country. 5th Film Bazaar
is organized by National Films Division Corporation (NFDC).
"Indian filmmakers are complaining of the high rate
of entertainment tax. Central government is trying to bring
entertainment tax under one head as GST," she said, adding currently
each state government hastheir own tax structures for entertainment
industry.'
Stating that India is entering into co-production
treaty with various countries, Soni refused that there is any
possibility of extending financial help for the films produced under the
treaties. "There is no financial help. We are not in a position to do
it. But I do want Indian government to be sensitive towards the
requirement of the industry," she added.
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