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)