Published: Пт, Октября 13, 2017
Health | By Jay Jacobs

TN to cut entertainment tax by two per cent

TN to cut entertainment tax by two per cent

Earlier, the government had announced 10 percent and 20 percent local body tax on Tamil and non-Tamil films.

The Tamil Nadu government has made a decision to reduce the local entertainment tax by two per cent to eight per cent after talks with the movie industry, a Tamil Film Producers Council official said on Friday.

According to a report on CNBC-TV18, the state of Tamil Nadu more than halved the entertainment tax to 8 percent from its existing 19 percent.

The fate of new movies of top stars like actor Vijay's "Mersal" slated for release for Deepavali next week hung in balance.

With the new development, now the approximate ticket price at a multiplex theatre would be around Rs 200 (including Goods and Services Tax and 8 percent entertainment tax) and additional Rs 30 for internet booking charges.

Local Administration Minister S P Velumani, Information and Public Relations Minister Kadmbur Raju took part in the high level meeting at the Secretariat which was chaired by K Palaniswami. The maximum ticket price in multiplexes and air-conditioned theatres in Chennai would now be Rs 160 while the minimum will be Rs 50.

Over and above the prices, entertainment tax and GST will be levied on cinema tickets, he added. The 20 percent local body tax on non-Tamil films, however, is still in place. The total ticket price will be approximately around Rs 230. The implementation of 7th Pay Commission in the state is set to benefit more than 10 lakh government employees and pensioners in the state.

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