Tamil Nadu Cabinet Approved 7th Pay Commission, Know Your New Salaries

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"If any theatre demands any amount more than the government fixed ticket price, complaint can be immediately filed", he said.

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.

The standoff saw several new Tamil flicks being held up as film producers body announced last week that new movies would not be screened in view of the tax. "We have requested the government to consider reducing the tax on films of other languages". The ticket prices in airconditioned cinema halls throughout Tamil Nadu, other than multiplexes, will be a minimum of Rs 40 and maximum Rs 100.

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Shares of PVR and Inox Leisure gained 5-7 percent intraday on Friday as investors cheered cut in entertainment tax in Tamil Nadu. Vishal, president of TFPC, adressed the media by commenting that "Film fraternity is going to attempt to reduce the internet booking charges on tickets".

The fate of new movies of top stars like actor Vijay's "Mersal" slated for release for Deepavali next week hung in balance. Overall, an expected 34 lakh civilian government employees and around 14 lakh defence personnel will be benefited after their salaries will be revised. It goes against the principle of "One Nation, One Tax" and frustrates the GST model, and leads to the same problems that have plagued industry so far - a multiplicity of very high tax incidences.