News broadcasters seek parity in GST with print media
The executive body of News Broadcasters Federation (NBF) recently met finance minister, Nirmala Sitharaman, to propose a recommendation to treat TV News channels at par with the print industry under GST.
22 Jan 2020 | By PrintWeek Team
In the current scenario, the GST applicable on the print media stands at 5% whereas the news broadcasters are charged 18% GST.
Arnab Goswami, president, NBF, highlighted the need for parity given the similarity in the business model and the importance of TV news broadcasting in the country.
The finance minister accepted a copy of the recommendation of NBF and assured the members that she would investigate the matter.
The NBF was represented in the meeting by Goswami, the vice-presidents, Jagi M Panda and Sanjive Narain, and the secretary-general, R Jai Krishna.
(Courtesy Campaign India)
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