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 09:00 2018 Wednesday ,12 December

May tours Europe in desperate bid to save Brexit deal

GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 09:47 2018 Monday ,10 December

Russian ex-policeman convicted over 56 murders

GMT 19:01 2018 Thursday ,04 October

LEAD S. Korean firms offer aid for quake-hit Indonesia

GMT 11:02 2018 Tuesday ,11 December

ASE opens trading on lower note

GMT 14:08 2018 Friday ,14 December

Bank of Russia raises key rate

GMT 17:37 2017 Thursday ,04 May

Heba Rosas reveals foods that improve mood

GMT 05:35 2017 Thursday ,23 March

ECB: Protectionism may raise trade deficits

GMT 02:48 2017 Thursday ,23 November

tour guide sheds light on forest tourism

GMT 05:08 2017 Thursday ,04 May

Rising US oil production knocks OPEC off course

GMT 06:32 2017 Wednesday ,19 April

Volkswagen plans all-electric car for China next year

GMT 08:47 2015 Saturday ,31 October

New York braces for $2bn bumper autumn art sales
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 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

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