Grant 3-year tax holiday for digital headend, STBs: CII

NEW DELHI: The cable television sector should be given the status of ?information infrastructure? for smoother transition from analogue to digital technology and foreign direct investment in the cable TV distribution sector should be increased from 49 per cent to 74 per cent, the Confederation of Indian Industry has said.

In its demands relating to cable TV digitisation, CII said giving the new status to the sector would bring the cable TV sector on parity with other infrastructure sectors in the way taxes are levied and bank credit dispersed. It noted that the Telecom Regulatory Authority of India (Trai) had already accepted the need to raise the FDI.

India‘s cable TV infrastructure is set for complete digitisation by the end of December 2014 and the four Indian metros (Delhi, Mumbai, Chennai, and Kolkata) by 30 June this year.

The industry body said an estimated Rs 250 billion has to be invested by the cable distribution sector to digitise 90 million cable homes in the next three years. There are over 40 million direct-to-home TV homes in the country.

CII strongly recommends certain measures to be undertaken by the government to enable the transition and said these had been accepted by Trai.

All service providers who set up a digital addressable distribution system before the sunset date to be notified in stages over a three-year period should be treated at par with Telecom Service Providers and be eligible for income tax holiday from 1 April 2011 to 31 March 2019.

The basic customs duty on digital head-end and set-top boxes should be reduced to zero for three years to give boost to digital conversion.

The double charge of service tax and entertainment tax should be subsumed in GST in due course.

It noted that the cable TV industry was nervous as over 10 million cable TV homes in the four metros have to shift to the digital medium by buying a set-top-box in the next 135 days and key decisions are pending before the government.

?It is very critical to extend financial incentives and tax holidays to the cable TV distribution and DTH sector,?? said CII director general Chandrajit Banerjee.

"There has been a consensus for digitisation and everyone in the value chain ? the government, broadcaster, multi system operator, local cable operator and consumer - will benefit from this. It is a big challenge and if executed properly it will transform the broadcast sector, bring transparency and give freedom to consumers."

Maintaining that digitisation will boost broadband penetration in the country, CII said that government should accelerate pending decisions to stop ?murmurs in the industry? for extension of timelines for cable TV digitisation. CII feels that if India misses digitisation execution now, it may not be possible to do this for a long time.

Latest Reads
Livestreaming App SWOO sees momentum in India; Launches Trivia Format in India

SWOO, a leading global livestreaming platform established in Middle East, today announced the launch of its SWOO TRIVIA SHOW ? a celebrity hosted live video streaming game show for Indians. SWOO is a user friendly, engaging and feature-rich live broadcasting app available across Android/ iOS/ Web...

Technology Software Applications
TiVo exits STB business

MUMBAI: TiVo is exiting the manufacturing, sales and distribution of set-top boxes to a yet-undisclosed third party, the company has said.

Technology Hardware Set-top Boxes
IET India IoT Panel joins hands with exhibitions india group for the 3rd edition of IoT india congress

IoT India Congress is India?s Platform of Platforms for the Internet of Things conceptualized by IET India IoT Panel, a think tank constituted by the Institution of Engineering and Technology (IET) India. The 3rd edition of IoT India Congress will be hosted in collaboration with India?s leading...

Technology Software Firmware
Tata Elxsi's Automation suite adopted by pan-European Media and Telecommunications Company

Tata Elxsi, a global design and technology services company, announced the licensing of its integrated test automation and monitoring suite ?FalconEye? to a pan-European media and telecommunications company for OTT automation and improving streaming performance.

Technology Software Firmware
Verimatrix recognized for contributions to latin american Pay-TV market with PRODU award win at NAB Show

LAS VEGAS: Verimatrix, a specialist in securing and enhancing revenue for network-connected devices and services, has received the PRODU Award for Best Pay-TV Technology Contribution on behalf of its MultiRights? OTT solution. MultiRights helps service providers effectively navigate the modern OTT...

Technology Software Firmware
Amagi debuts machine-learning powered content-preparation suite

Amagi, a cloud-based technology provider for media processing, has launched Tornado, a machine learning-based content preparation service that enables TV networks and content owners to scale their operations and accelerate broadcast workflows.

Technology Hardware Components
Sharp and TiVo extend interactive program guide deal to power content Discovery across entertainment devices

MUMBAI: TiVo Corporation (NASDAQ: TIVO), a global leader in entertainment technology and audience insights, today announced that Sharp Corporation will further utilize TiVo?s G-Guide HTML across Sharp 4K smart TVs and Ultra HD Blu-ray recorders in Japan, TiVo?s G-Guide xD app and remote schedule...

Technology Hardware Components
HARMAN announces Priyanka Chopra as global brand ambassador

HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, today announced that actress, singer, producer and philanthropist Priyanka Chopra has been named a global brand ambassador for the...

Technology Hardware Components
Etere HSM expands interoperability with Grass Valley

Etere HSM features an integration with Grass Valley that improves interoperability, streamlines connectivity, enables faster content processing and includes deep archive capabilities. Etere introduces a new integration layer between Etere Hierarchical Storage Management (HSM) and Grass Valley...

Technology Hardware Components

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories