Telugu States Announced Tax Exemption For GPSK
Nandamuri Balakrishna is currently busy promoting his 100th film titled as Gautamiputra Satakarni. The film is certainly going to do well at the box office with all the positive buzz around. The film Gautamiputra Satakarni completed the censor formalities successfully and the film is tipped to be a historic and period drama movie. Now, the latest news from the film nagar is that both the Telugu states have announced tax exemption for the film.The estimation of the trade pundits is that the film may collect almost 70 crores.
For this, entertainment tax would be around ten and half crores. With this tax exemption, the producers and distributors will be able to taste the profit of around five crore rupees. If the film collects 50 crores, then the profit would be around 7. 5 crores. Already the film’s business is the talk of the town. If the film is successful in getting the positive talk, there would be no looking back for the film.