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Star Remunerations Will Not Affect

By - November 11, 2016 - 02:57 PM IST

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When you sit down to budget a movie which involves a notable star and director, you know very well that the lion’s share of money goes to them. You also know that once the remuneration is locked, the next thing that happens is the black and white ratio.

Many transactions in cinema industry happen in this format but thanks to Narendra Modi’s announcement on ban of 500 and 1000 rupee notes, some panic emerged. Despite that, the cine seniors are strong and are positive that this is not going to affect the remunerations.

They say that this is just a temporary hold and once the 2000 rupee notes come the remunerations and dealings will happen as is. Already, there are reports that those stars who have tons of cash have diverted their funds to buy gold at a premium price. Well, there’s always a way out in India.