Prime Minister Narendra Modi has announced last night that Rs.500 and 1,000 notes to be discontinued from today.
Well, the trade-expert Amul Mohan has explained that Bollywood wouldn’t have an issue in long-run and has exclusively quoted-
I think Bollywood is one of the most white industries ever. All the corporate companies and actors that are involved pay so much tax. So I don’t think such a move will affect or be problematic for Bollywood. I genuinely feel that it is a situation that you have to play by the ear, you want to see how it pans out in a couple of days, you want to see what reactions you are getting post that and work around it. Bollywood is probably the whitest industry of them all right now and paying so much tax, so there won’t be any issue.