GREAT AWARDS TO OUR COMMUNITY:- Silapathikaram, a book written by Elango Adigal, states that the main character in the book Kovalan is a Chettiar. Salt trade was famous during the Pandya regime. After going to many places to do business finally they would converge at Palani during the festival of Thaipoosam and write Magamai. Magamai is an annual tax paid to the god. According to the capital invested or profit got a percentage is calculated and the magamai is derived. Here they set right their accounts and look at there profits and accordingly write their magamai. Later they give free food to all called Annadhanam. This can be seen in Palani on a stone engraving, where it states that Kuppan Chettys son Kumarappa Chetty of Nemam Kovil
Posted on: Sat, 25 Jan 2014 10:49:14 +0000
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