Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
»
1-min read

Tamil Nadu Govt Blinks, Entertainment Tax Cut to 8% on Film Tickets

The truce was reached after four days of negotiations between the AIADMK government and the Tamil Film Producers Council over the tax which was levied in addition to the 28% Goods and Services Tax (GST) on movie tickets.

Poornima Murali | CNN-News18

Updated:October 13, 2017, 6:58 PM IST
facebookTwitterskypewhatsapp
Tamil Nadu Govt Blinks, Entertainment Tax Cut to 8% on Film Tickets
Picture for representation. (Reuters)
Loading...

Chennai: New releases are set to hit the screens in Tamil Nadu with the state government slashing the entertainment tax from 10% to 8% — a key demand of protesting film producers.

The truce was reached after four days of negotiations between the AIADMK government and the Tamil Film Producers Council over the tax which was levied in addition to the 28% Goods and Services Tax (GST) on movie tickets.

Film lovers in the state had missed out on seven movies last week when the industry bodies held back their releases to protest against the “double taxation”. The films that did not make to the theatres are: Vizhithiru, Uruthikol, Kadaisi Bench Karthi, Kalathur Gramam, Thittivasal, Uppu Puli Karam and Azhagin Bommi. The screening of actor Dulquer Salman-starrer Solo, released last Thursday, was stopped the next day.

Film buffs are now eagerly awaiting the release of Vijay-starrer Mersal and Saif Ali Khan’s Chef.

Earlier, the government had increased the 10-year cap on tickets to Rs 150 from the present Rs 120.

According to the order, base price for multiplexes having more than three screens was increased to Rs 150. For multiplexes with less than three screens, the base price was said to be between Rs.106.30 and Rs 118.80. An additional GST rate of 28 percent will be added to the base price.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.

| Edited by: Aditya Nair
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results