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)