After much hue and cry, now Tamil Nadu government allows theatre owners to raise their ticket prices.
After much hue and cry, now Tamil Nadu government allows theatre owners to raise their ticket prices. This comes as a big relief for Tamil Nadu film producers which had decided to stop releasing any movie from October 6 onwards in protest against the levy of 10 per cent local body tax. According to Tamil Nadu film industry, the 10 per cent entertainment tax on Tamil movies after the Goods and Services Tax was making the producers to pay 40 per cent tax to the government, making it difficult for them to operate.
With government’s nod, now multiplexes in Chennai can charge up to Rs 160, while the other independent cinema halls can charge up to Rs 140. The decision was taken after a high-level committee meeting with the representatives of various associations from the film industry, where they voiced their troubles that comes with video-piracy, increasing expenses in film production, running theaters and the recent addition to their difficulty that came with the enforcement of revised entertainment tax.
As a result of the meeting, the government decided to increase the ticket prices by 25% over the existing base price and to revise the existing rates of admission from Rs 7 to Rs 10 and from Rs 10 to Rs 15. So according to the government’s revised rate of tickets the minimum price for A/C theaters (Municipal Corporations) will be Rs 15 and non A/C theaters will be Rs 10. Whereas maximum price for A/C theaters (Municipal Corporations) will be Rs 62.50 and for Non A/C theaters Rs 37.50. On the other hand, for the Municipality theaters, the minimum price for A/C and non A/C theaters will be Rs 10 while the maximum price for the A/C theaters will be Rs 50 and Non A/C theaters will be Rs 37.50.