MALAYALAM FILM INDUSTRY MUST CLEAN UP ITS ACT

India's taxmen are keeping a close watch on how movies are being financed in Kerala

- BY MANOJ NAIR | Business Editor

The Malayalam film industry has a problem and it's not just the L2: Empuraan effect.

Producers associated with the Mohanlal-Prithviraj blockbuster have been subjected to raids or been asked by India's tax authorities to prove that their remuneration tally actually adds up and that they have met all their tax obligations.

But the Malayalam film industry runs much deeper than the controversies surrounding Empuraan. It's much more than about whether some producers or actors have fallen foul of the powers.