IBF petitions Swaraj for tax sops

NEW DELHI: Broadcasters operating in India have sought relief from the government, including tax sops.

They met information and broadcasting minister Sushma Swaraj recently under the aegis of the Indian Broadcasting Foundation (IBF) as part of a pre-Budget meeting and submitted a memorandum on the issues they want resolved. 

"The IBF members did meet me to present their pre-Budget memorandum and I have assured them that the ministry will do its utmost to have the grievances redressed," Swaraj said today, adding that the broadcasters also lauded the government's initiative on conditional access and extended help in bringing about addressability in Indian cable homes.

The three main issues that the broadcasters want resolved or looked into by the government are:

- Waiver of five per cent service tax imposed on broadcasting services 

- Lowering of customs duty on equipment meant for broadcasting

- Resolving the issues of tax that is deducted at source by the government.

According to Swaraj, while the first two issues are likely to be taken up by her during her meetings with finance minister Jaswant Singh, she advised the broadcasters to petition the Central Board of Direct Taxes (CBDT) on the last issue. 

During 2001-02, the government had levied five per cent service charge on the likes of studio and recording facilities that, the broadcasting industry had said, would have a negative impact on a sector which was still developing in India. 

Since then the issue has cropped up time and again and, earlier this year even resulted in some broadcasters like Star India and Sony Entertainment TV India refusing advertisements from companies and their agencies which did not include five per cent service tax in the release order. 

On the customs duty, the IBF's viewpoint is that the various duties levied on equipment meant for broadcasting is not at par with those meant for the IT industry, even when the same equipment was used by both the IT and broadcasting industries.

"The broadcasters felt a separate duty is levied on a equipment which they brought in , while a lower duty was levied when the same equipment was brought by the IT industry. This, according to them, was a discriminatory practice which should be removed," Swaraj said.

Latest Reads
ITW Consulting bags in-stadia ad rights for Ind & Aus tours of SA 2018

ITW Consulting, India-based sports management company, has acquired in-stadia advertising rights for the Indian and Australian Tours of South Africa for 2017/2018. ITW Consulting rights will market and sell these in-stadia advertising rights to non-South African companies and entities.

Television TV Channels Sports
Nickelodeon kid's choice awards 2017

Nickelodeon Kid's Choice Awards (KCA) 2017, presented by Dabur Red Paste, powered by Jolly Rancher in association with Yellow Diamond and Funskool and Apis Honey took place on 15 December 2017.

Television TV Channels Kids
Focus Group to launch Kannada news channel

Focus Group is now focusing on south India with its upcoming news channel Focus TV Kannada News.

Television TV Channels News Broadcasting
Panchal helps Star Bharat top Hindi GECs across genres

Optimystix Entertainment’s Indian comedy sitcom Kya Haal Mr. Panchal on Star India’s FTA Hindi GEC Star Bharat has been amongst Broadcast Audience Research Council of India’s (BARC) weekly list of top-five Hindi GEC programmes in the HSM markets, more so during primetime. In week 49 of 2017:...

Television TV Channels Viewership
&Privé HD celebrates the birthday of the Steven Spielberg

&Privé HD, the English movie channel, presents Club Privé: Spielberg Edition – a curation of five of Spielberg’s best movies exploring different sides of human emotions. The special will air from 18 to 22 December at 11 pm only on &Privé HD.

Television TV Channels English Entertainment
Green Gold’s golden Mumbai launch

MUMBAI: Green Gold Animation is all set to hit the green running with its new offshoot Golden Robot. The Rajiv Chilaka-run animation outfit has been wowing everyone with its deals for animation series with both Netflix and Amazon Prime.  But the occasion this time was the celebration of the launch...

Television Production House Film Production
Gujarat elections boost news channel ratings as Republic continues to lead English News

BENGALURU: Rahul Gandhi’s shenanigans and Narendra Modi’s sudden and unexpected belligerence at rallies leading up to the Gujarat state assembly elections have resulted in bolstering sagging news viewership, especially for the English news genre. According to Broadcast Audience Research Council of...

Television TV Channels News Broadcasting
Sunny Leone in Discovery JEET’s show Man Vs Wild

Sunny Leone will be displaying her adventurous side as host of the mega-popular survival series Man Vs. Wild. The iconic series will telecast in Hindi on the soon-to-be-launched GEC Discovery JEET. The new GEC will premiere in the second week of February 2018 and the series will feature the...

Television TV Channels GECs
Times Now appoints Sujeet Mishra as marketing head

Times Network, part of India’s media conglomerate, The Times Group today announced the appointment of Sujeet Mishra as head of marketing, Times Now.

Television TV Channels People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories