india is no country for free art anymore thanks to good and services tax
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

India is no country for free art anymore, thanks to Good and Services Tax

Arab Today, arab today

Arab Today, arab today India is no country for free art anymore, thanks to Good and Services Tax

Indian and international artists showcase their works at India Art Fair every year. The Goods and
New Delhi - Arab today

The Goods and Services Tax (GST), which aims to create a uniform taxation structure across India, is painting a sad picture for the art market in the country.

After implementation, it will bring artworks in the slab of 12 per cent tax slab, making them rather more expensive. So far, barring a few states, art was exempted from tax. This has naturally upset the art community, which fears that the already struggling art industry will suffer more, and that budding artists will now find even fewer buyers. 

Erum Khan, an art curator for the past 13 years, says, "Art is not a requirement, but a choice. If a show is held, only 2-5 per cent of the works are sold. There are no schemes, no government-driven initiatives, and no incentives for artists. On top of that, GST will lead to higher prices. Artists are already struggling to find a market; what they need is motivation and not a push back."

Ina Puri, a curator with 30 years' experience, believes that due to demonetisation, the whole industry is already facing a crisis and taxes will affect it severely. Puri says, "Sixty auction houses have already stopped working across India after demonetisation. At the international level, this is a great time, as artists have started getting recognition abroad.But (in India), GST will make it more difficult for us. Look at China. It gave a tax holiday of 10 years to artists." On the contrary, Sushma Bhel, who has been a curator for 16 years in Delhi, supports the decision.

She says, "The GST bill will simplify the unstable art market. The documentation of the art Industry is not proper and (this) step will bring a system. Also, we can push the government to use the (tax) money to develop the sector. I'm happy that it will mean a proper forum and standards."

The artist fraternity thinks that it will negatively impact budding artists. Natasha Chadha Bhambri, an independent artist who gave a makeover to the District Prison of Gurgaon, says, "It will affect the whole community negatively. Buyers bargain with us as if they're buying a grocery item, and GST will only add to our woes. It might not be an issue for the established artists, who are brand names themselves, but for the budding artists, it will be difficult to even survive solely as artists."

However, the eminent painter Gopi Gajwani believes that taxation is not going to make much of a difference. "I feel that there are already very few people who buy artworks," he says.

"Even if GST adds Rs 10,000 to the (price of an) artwork, an art lover would not shy away from buying it. The market for art is very niche. Besides, we, too, have passed through the phase of a budding artist and survived despite several challenges."

Source: Timesofoman

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

india is no country for free art anymore thanks to good and services tax india is no country for free art anymore thanks to good and services tax

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

india is no country for free art anymore thanks to good and services tax india is no country for free art anymore thanks to good and services tax

 



GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 17:27 2017 Wednesday ,03 May

FBI translator married Daesh fighter she spied on

GMT 23:54 2017 Saturday ,08 April

South Africa has reached its Mugabe moment

GMT 07:46 2017 Monday ,24 April

Egyptian FM arrives the Country

GMT 05:22 2017 Thursday ,07 September

Civil activists protest tax hike in Zghorta

GMT 01:35 2017 Thursday ,28 September

EU headscarf ban ruling sparks faith group backlash

GMT 03:44 2016 Wednesday ,17 August

Malaysian Premier Meets Palestinian Foreign Minister

GMT 14:18 2017 Wednesday ,20 September

Deputy PM receives book copy

GMT 22:23 2017 Friday ,29 September

Lebanon says it is pursuing sleeper cells

GMT 04:29 2016 Tuesday ,15 November

Foreign ministry warns of fake recruitment agencies

GMT 14:54 2017 Thursday ,13 April

Assad: Syria firepower 'not affected' by US strike

GMT 05:21 2017 Thursday ,09 November

Pussy Riot attack 'police state' on Trump anniversary

GMT 10:58 2017 Saturday ,08 April

Electricity work plan contradicts cabinet agreement

GMT 17:39 2017 Tuesday ,10 January

Duncan appointed as Cote d'Ivoire vice president

GMT 21:00 2017 Wednesday ,31 May

Taiwan backlash over Emirates flag ban

GMT 11:44 2017 Sunday ,03 September

Kuwaiti leader on visit to the US

GMT 07:33 2016 Saturday ,19 November

Egypt gold prices drop 5 EGP

GMT 07:26 2017 Thursday ,27 April

Thai mother saw daughter's Facebook Live murder
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday