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30% of Baahubali revenue goes to Government
By: Tupaki Desk | 2 July 2015 11:27 AM GMT
Censor formalities for 'Baahubali' Tamil version has been cleared Today. The film obtained 'U/A' as expected and it will be having wide release all over Tamil Nadu on July 10th.
The only setback for 'Baahubali' Tamil version is the high taxation. At least 30% of the revenues will have to be paid to the State Government in the form of entertainment tax. Whereas in the Telugu states, A tax of 15% is levied on direct films and 20% on dubbed flicks.
Of course, Tamil Nadu Government announces films with Tamil title and Clean U censor certificate as Tax-free. Unfortunately, 'Baahubali' don't fall in any of these categories to enjoy the tax benefits.
Makers of 'Baahubali' are well aware of these facts and they always expected the film to obtain an 'U/A' certificate. Studio Green and UV Creations had acquired the Tamil version rights of 'Baahubali'. Thenendal Films is releasing the epic drama all over Tamil Nadu.
The only setback for 'Baahubali' Tamil version is the high taxation. At least 30% of the revenues will have to be paid to the State Government in the form of entertainment tax. Whereas in the Telugu states, A tax of 15% is levied on direct films and 20% on dubbed flicks.
Of course, Tamil Nadu Government announces films with Tamil title and Clean U censor certificate as Tax-free. Unfortunately, 'Baahubali' don't fall in any of these categories to enjoy the tax benefits.
Makers of 'Baahubali' are well aware of these facts and they always expected the film to obtain an 'U/A' certificate. Studio Green and UV Creations had acquired the Tamil version rights of 'Baahubali'. Thenendal Films is releasing the epic drama all over Tamil Nadu.
