What is an amicable solution to tax issue in Kollywood?

October 12, 2017

Inching towards an amicable solution, Theatre Owners, said, 'We demanding the State government to allow two different slabs for AC and non AC theatres, which they agreed.

It would mean a minimum of 30 and maximum of 80 for non-AC theatres and Rs 40 as minimum and Rs 100 as maximum for non AC cinema halls excluding tax across State.

what is an amicable solution to tax issue in kollywood?

Meanwhile the Multiplex Association of India believes that this levy of local body entertainment tax by Chennai Corporation on an industry which is already reeling under the impact of high tax rates and piracy could well sound the death knell of the film industry.

As per recent GO, they were allowed to raise the price of tickets by 25 per cent, However this has not gone down well with them as increase in ticket rate by a huge sum will affect the number of people coming to theatres. The multiplex owners are hopeful of an amicable solution.