7th Pay Commission: Tamil Nadu Cabinet approves pay hike for government employees

7th Pay Commission: Tamil Nadu Cabinet approves pay hike for government employees

Shares of PVR and Inox Leisure gained 5-7 percent intraday on Friday as investors cheered cut in entertainment tax in Tamil Nadu.

A notification issued by the Greater Chennai Corp (GCC) had levied a LBET of 20 percent on non-Tamil films and 10 percent on Tamil films with effect from September 27 in addition to the 28 per cent GST on cinema tickets. "Mersal's advance booking will start from Monday", informed Abirami Ramanathan, president of theatre association of Tamil Nadu during the media interaction after the meeting.

The fate of new movies of top stars like actor Vijay's "Mersal" slated for release for Deepavali next week hung in balance.

Local Administration Minister S P Velumani, Information and Public Relations Minister Kadmbur Raju took part in the high level meeting at the Secretariat which was chaired by K Palaniswami.


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.

According to new regulations, multiplexes in Tamil Nadu can charge a maximum of Rs 150 and a minimum of Rs 50, AC single screens can charge a maximum of Rs 100 and a minimum of Rs 40, while non-AC single screens can charge a maximum of Rs 80 and a minimum of Rs 30.

The filmmakers demanded the local body tax be completely abolished. The total ticket price will be approximately around Rs 230. The 20 percent local body tax on non-Tamil films, however, is still in place.

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