Sultan paid All Time Highest Entertainment Tax beating PK

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Posted: 9 years ago
#1
Sultan Final Gross Collection Similar To Bajrangi Bhaijaan
Thursday 04 August 2016 11.45 IST
Box Office India Trade Network

The collections of Sultan are closing in on Bajrangi Bhaijaan if we look at the amount collected at the ticket window. There will be a 15-16 crore nett gap in terms of nett collections but that is because there have been entertainment tax changes since the release of Bajrangi Bhaijaan and also Bajrangi Bhaijaan was tax free in Uttar Pradesh from the second week which meant its gross collections were nett collections in that state from week two onward. There was a tax change in Delhi city which was doubled from 20% to 40% on the fourth day of Bajrangi Bhaijaan but still it got in three days at the lower tax rate. There was also a tax change in Gujarat in the middle of Bajrangi Bhiajaan's run..

Bajrangi Bhaijaan did a GROSS of 422 crore and Sultan is standing at around 416.50 crore now with the finish likely to be around 420 crore. At the time of PK the taxes were also lower and it got a tax free status in Uttar Pradesh in week four which was a late but still managed to do around 2.50 crore worth of business tax free. A 322 crore nett final total for Sultan would have seen it become the highest grosser at the Indian box office of all time but it was not to be.

The tax differences can easily be seen in the nett business of the films in Delhi /UP circuit. Sultan at the moment stands at 60 crore nett while Bajrangi Bhaijaan did 70 crore nett and PK did 66 crore nett. In East Punjab which has similar tastes to Delhi UP all three films are similar at around 32-33 crore nett. This means that all three should have done similar business in Delhi /UP which is the case if we take GROSS collections with all three doing 92-95 crore but the difference in nett can be seen due to different rates of tax. Despite a 10 crore gap in nett collections the gross figures in Delhi / UP are 95 crore for Bajrangi Bhaijaan and 92 crore for Sultan with maybe a crore or bit more still to come.

The tax free status in UP also benefited Airlift earlier this year and Neerja got huge advantage as it would not have even crossed 60 crore nett if it were not for the tax advantages in so many states. The breakdown in collections of the Sultan, Bajrangi Bhaijaan and PK ara as follows. The Sultan figures are estimated on the theory thats its final business will be 300 crore nett. Sultan has paid the most entertainment tax in the history of Hindi cinema beating the amount PK paid.

Sultan

Nett Collection - 3,00,00,00,000

Entertainment Tax - 1,19,50,00,000

Gross Collections - 4,19,50,00,000

Bajrangi Bhaijaan

Nett Collection - 3,15,49,00,000

Entertainment Tax - 1,06,64,00,000

Gross Collections - 4,22,13,00,000

PK

Nett Collection - 3,37,72,00,000

Entertainment Tax - 1,11,02,00,000

Gross Collections - 4,48,74,00,000

There should be a new tax system coming into place possibly late next year when there is one tax rate across India and it will be possibly work out 50% lower for Hindi films. This will mean many records tumbling in terms of nett collections as they will form a bigger chunk of the gross collections then they do at the present moment.


http://www.boxofficeindia.com/report-details.php?articleid=2214

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DJGabbar thumbnail
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Posted: 9 years ago
#2
As GST has been passed, will take some time to impliment, next year all big films will have more chances to make big lifetime collections, one tax all over india.
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Posted: 9 years ago
#3
So, from next year, nett collections would be much lower? I'm not getting it - why would records tumble then?

Also, it's amazing how the variability of tax could alter the fate of movies. BB will be the highest grossing movie ever - acc. to BOI - next year. Sultan would have been if GGM hadn't released a week later. It's all confusing.

They need to explain these tid-bits more clearly.

Regardless, looking at BOI's tone, Sultan's most likely an ATBB.
DJGabbar thumbnail
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Posted: 9 years ago
#4

Originally posted by: Kareenafanatic

So, from next year, nett collections would be much lower? I'm not getting it - why would records tumble then?

Also, it's amazing how the variability of tax could alter the fate of movies. BB will be the highest grossing movie ever - acc. to BOI - next year. Sultan would have been if GGM hadn't released a week later. It's all confusing.

They need to explain these tid-bits more clearly.

Regardless, looking at BOI's tone, Sultan's most likely an ATBB.


Nett collections will be higher from next year. Right now, every state has different tax system, it goes up & down anytime. Due to this fluctuation, film earning more couldn't get higher nett figures like bb did last year, it had more footfalls means more ticket sold, but due to variation in taxes, it ended on lower nett than pk.

Next year, it will be one tax all over india, 50% lower for hindi films (from whatever tax it is now), means 350 Cr or 400 Cr figures will be achieved for films doing very well like sultan, bb & pk.

Sultan is ATBB for sure, it can't be blockbuster.
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Posted: 9 years ago
#5
KareenaFanatic

Usually, when a film releases, after some time it makes a place in Adjusted inflation tables, both for nett as well gross. Here, Sultan is already in both the tables going past 3 idiots & dhoom 3 making an exit from Top 10.

Top 10 All time Adjusted nett inflation - Sultan at No.9 with 300 Cr Nett.

Top 10 All time Adjusted gross inflation - Sultan at No.9 with 419 Cr Gross.

One more confirmation that Sultan is atbb, it can't be less.
643898 thumbnail
Posted: 9 years ago
#6
Cant find box office thread so posting here
taran adarsh @taran_adarsh

#Sultan [Week 4] Fri 57 lacs, Sat 98 lacs, Sun 1.51 cr, Mon 34 lacs, Tue 36 lacs, Wed 34 lacs. Total: 297.90 cr. India biz. ATBB.


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Posted: 9 years ago
#7

Originally posted by: Deathstroke

Cant find box office thread so posting here
taran adarsh @taran_adarsh

#Sultan [Week 4] Fri 57 lacs, Sat 98 lacs, Sun 1.51 cr, Mon 34 lacs, Tue 36 lacs, Wed 34 lacs. Total: 297.90 cr. India biz. ATBB.



Weekdays stable hai 34 lacs pe, aaj bhi 34 hi hoga... 298.15 Cr 4th Week pe end hoga...

Jaar bas SUNDAY - 1 Cr ho jaaye, solid push milega... weekdays kar hi denge 300...

Tujhe kya lagta hai?
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Posted: 9 years ago
#8

Originally posted by: Kareenafanatic

So, from next year, nett collections would be much lower? I'm not getting it - why would records tumble then?

Also, it's amazing how the variability of tax could alter the fate of movies. BB will be the highest grossing movie ever - acc. to BOI - next year. Sultan would have been if GGM hadn't released a week later. It's all confusing.

They need to explain these tid-bits more clearly.

Regardless, looking at BOI's tone, Sultan's most likely an ATBB.


I love ur post..... keep posting 👍🏼
Ranbirrocks thumbnail
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Posted: 9 years ago
#9
Chingum, KareenaF and Lakhan - You guys have such deep understanding of BO. Great stuff
I only understand that it's ATBB
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Posted: 9 years ago
#10

Originally posted by: Ranbirrocks

Chingum, KareenaF and Lakhan - You guys have such deep understanding of BO. Great stuff
I only understand that it's ATBB


Do u understand me?

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