'Vanamgan' gets a big pre-release boost
- IndiaGlitz, [Friday,June 23 2017]
Actor Jayam Ravi's 'Vanamgan' has acquired a clean U certificate from Censor Board and now the Tamil Nadu State Government has granted the 30% Entertainment Tax Exemption for the film. This will be a great boost for the stakeholders of the film as their gross income from the collections made by the film, across Tamil Nadu will be tax free and hence the net will be equal to gross.
'Vanamagan' directed and produced by Vijay under his Think Big Studios banner is the landmark 50th film of music director Harris Jayaraj. It will also mark the Kollywood debut of Sayeesha Saigal, the grand niece of Bollywood veteran Dilip Kumar.
'Vanamagan' will be one of the last few Tamil films to get the Entertainment Tax Exemption granted by TN Government. From the 1st of July, the Goods and Services Tax will be rolled out and that will be common for the entire nation. Hence there won't be any tax exemption granted by the state governments.