Mumbai, Aug 29 (PTI): The biopic based on the life Indian Olympic boxer Mary Kom, starring Priyanka Chopra, has been declared tax free in Maharashtra. The film has been produced by filmmaker Sanjay Leela Bhansali.

"It is wonderful news. We have a compelling story to tell of a strong, determined woman who has done the nation proud. It is our tribute to all the unsung sports people who give so much to see the Indian flag flying high. If this can act as a catalyst of hope for them, then it's something we can all be proud of," Priyanka, who is playing the five-time world champion in Mary Kom, said in a statement here.

"We are grateful to Revenue Minister Balasaheb Thorat and Government of Maharashtra for lending their support to the film. This exemption right from release day will allow large segments of society to experience the spirit of magnificent Mary," Ajit Andhare, COO, Viacom18 Motion Pictures (producer) said.

Sanjay's spokesperson said the tax free status will encourage audience to recognise and support the spirit of the film.

Based on the true story of Mary Kom, the biopic chronicles the journey of the female boxer who gave up her sporting career when it was at its peak to embrace the joy of motherhood. After giving birth to two children, she made her comeback in the ring and went on to become a strong contender in the world boxing arena.

The film directed by Omung Kumar is set to release on September 5.

Earlier, various state governments including Maharashtra, Bihar, UP and others had granted tax exemption to Bhaag Milkha Bhaag featuring Farhan Akhtar