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Income Tax Raids On Film Stars and a new model of Revenue Making



February 7, 2011 01:28:11 PM IST
Enkayaar, Glamsham Editorial
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Since the time he has made his debut, Ram Gopal Verma has been known to create new paradigms of film making; he in that sense is the Outlier for Hindi cinema in the recent times. It does not however mean that all his efforts have been successful, but he needs to be admired about the fact that he does not think twice before experimenting.

With his recent films flopping in a regular manner, he has embarked on a new model of film making. He is experimenting with this genre in his new Telugu film DRANGLA MATHI (A GANG OF THIEVES). In this film for the first time he has propositioned that the stars would not be paid any advance, but would rather be profit sharers. Now this is a model, which needs to be advocated in a big way, more so in light of the recent income tax raids made on Priyanka Chopra and Katrina Kaif. The primary objective of the raids was to supposedly unearth the black money.

Once the model of Ram Gopal Verma gains ground, and if it does, it would once and for all obviate the need for income tax raids, as the payment to be made to the stars would be on the basis of the collections from the box office. Now, the figures from collections cannot be disputed and all the payments then would be in white and would be properly accounted for, so there would not be a question of any income tax raids at all.

The idea may be far-fetched, but its time indeed has come. Cinema in the eyes of the tax authorities is generally seen as a medium where the illegally got wealth is legalised, and if the winds of changes are ushered in, it would indeed be good for the industry as well. When an actor has to be paid for the success of the film, he would devote his time and energy into making the film a successful proposition and would strive to finish it off in the shortest turnaround time.

If the business of entertainment is being positioned as the industry that still is in infancy, to gain grounds, the kind of changes being experimented by Ram Gopal Verma need to be encouraged. One would watch with interest how the DRANGLA MATHI performs at the box office, as the fate of film industry per se could be defined by its performance.



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