ALSO READTamil Nadu government allows fair hike in Chennai multiplexes Tamil Nadu: Three ministers booked for 'obstructing' I-T officials Tamil Nadu to soon place SGST Bill in assembly: CM Theatres shut down in Tamil Nadu over double taxation Rajinikanth urges TN government for positive outcome on tax row
The Tamil Nadu government has decided 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.
Speaking to reporters here the official, Vishal, said the decision on tax reduction follows a meeting of Chief Minister K.
Palaniswami with Tamil movie industry representatives.
However the 20 per cent tax on non-Tamil movies would continue.
Following opposition to the entertainment tax, theatres in Tamil Nadu did not release any new movie.
According to Vishal, theatres will not charge more for the tickets than fixed by the government and they would also sell eatables and other items only at the printed maximum retail price.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)