Key Points

Karthi Sivakumar hopes WAVES 2025 will bring policy reforms for the film industry, including tax benefits and easier theatre permissions. The summit, inaugurated by PM Modi, has drawn praise from stars like Nagarjuna and Badshah. Over 10,000 delegates from 90 countries are attending the event. The initiative aims to position India as a global soft power in entertainment.

Key Points: Karthi Sivakumar Seeks Tax and Theatre Policy Reforms at WAVES 2025

  • Karthi Sivakumar highlights need for industry status
  • WAVES 2025 aims to boost entertainment sector
  • PM Modi inaugurates global media summit
  • Nagarjuna and Badshah praise government initiative
2 min read

Hopes for more policies on Tax, theatre permissions: Karthi Sivakumar benefits for film industry from WAVES

Actor Karthi Sivakumar advocates for film industry recognition and policy benefits at WAVES 2025 summit in Mumbai.

"Once the government recognises this as an industry, we hope there will be more policies regarding taxes or permissions for theatres. - Karthi Sivakumar"

Mumbai, May 2

Actor Karthi Sivakumar hopes that the ongoing summit in Mumbai, WAVES 2025, will benefit the film industry in terms of taxes and theatre permissions.

While talking to ANI, Sivakumar lauded the government's initiative for the summit. He believes it will help the entertainment industry be recognised as an "industry", which will eventually help the artists and distributors.

"From what I've been hearing from the people, it's so good to bring everyone from India, all the creators, on one platform and showcase to the world. So I think it's an excellent initiative and I hope it continues every year," said Karthi Sivakumar.

"It should be a big boost for the industry because the film industry is not recognised as such, and we do not have the benefits. So once the government recognises this as an industry, we hope there will be more policies regarding taxes or permissions for theatres, and all that should become much easier," added Sivakumar.

Singer and rapper Badshah called the WAVES platform one of Prime Minister Narendra Modi's 'priorities'.

While talking to ANI, he said, "I am sure this is one of his (PM Modi's) priorities. I can see the people's interest. I think it's a huge step towards launching India as a soft power other than Bollywood in the world. And I wish everybody all the best."

South superstar Nagarjuna also lauded the WAVES 2025 and called it a "great initiative" by the government of India for the film and media industry.

While talking to ANI, Nagarjuna opened up about the ongoing Mumbai summit centred on the entertainment, media and digital innovation. "I am pleased to attend, and it's a great initiative by the government of India for the film media industry. It's a grand global launch," said Nagarjuna.

PM Modi inaugurated WAVES 2025 on Thursday. WAVES 2025 will witness participation from over 90 countries, with more than 10,000 delegates, 1,000 creators, 300+ companies, and 350+ startups.

The summit will feature 42 plenary sessions, 39 breakout sessions, and 32 masterclasses spanning diverse sectors including broadcasting, infotainment, AVGC-XR, films, and digital media.

- ANI

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Reader Comments

R
Rahul K.
Finally some recognition for our entertainment industry! The tax benefits and easier permissions will help regional cinema grow too, not just Bollywood. Karthi makes a valid point - our film industry employs lakhs of people and deserves industry status. 🙌
P
Priya M.
While WAVES is a good initiative, I hope the benefits trickle down to smaller production houses and not just the big stars. Many independent filmmakers struggle with censorship and high taxes. The summit should address these grassroots issues too.
A
Arjun S.
Great to see South Indian stars like Karthi and Nagarjuna representing at WAVES! Our regional cinema contributes so much to Indian soft power. Hope this leads to more single-screen theatre revivals across small towns. Entertainment tax reduction is long overdue!
S
Shweta R.
The AVGC-XR focus is exciting! India can become the global hub for animation and gaming if we get the right policies. But government should ensure equal opportunities for women in these tech-driven entertainment fields. #GenderBalanceInMedia
V
Vikram J.
While I appreciate the initiative, I hope this doesn't become another platform for political grandstanding. The focus should remain on practical outcomes - simpler shooting permissions, rationalized GST rates for film equipment, and protection for theatre workers.
N
Neha T.
As a film student, this gives me hope! 🤩 Recognition as an industry means better funding opportunities and structured training programs. Hope they also discuss copyright protection for creators - many young artists face content theft in digital media.

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