Rajamouli's Baahubali-2 is the last biggie from Telugu Industry which is coming before the GST Tax comes into effect from July 1st. Allu Arjun's DJ is releasing on June 23rd but will be affected by GST rates from the second week of its release.
Telugu Governments are levying Entertainment Tax only to the tune of 12% in AP and Nizam. After GST comes to effect, the Tax will shoot up to 28%. The Records in Telugu Film Industry are based on Shares which means an additional 14% will be extra on the coming films.
14% difference will make Baahubali-2 records unbeaten already. The coming biggies will have tough time beating Baahubali-2 records and this additional tax burden will make it even more difficult. So, the Tollywood's Industry Record will stay with Prabhas for a very long time.
Tollywood gets OVER CROWDED in September Of late, it has become a trend for the producers to boldly release their films together with 2/3 movies, and this was recently seen in the extended Independence Day weekend, when Jaya Janaki Nayaka, the Boyapati Srinu directorial starring Bellamkonda Sai Sreenivas, Rakul Preet Singh, the Rana Daggubati- Kajal Aggarwal starrer Teja's Nene Raju Nene Mantri, and Nithiin, Arjun, Megha Akash starrer LIE by Hanu Raghavapudi released on August 11, and did good business.
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