Regulators

Broadcasters, teleports warned on forex payments without I&B permission

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/regulators-images/2014/06/27/inb.jpg?itok=g1nC0f8f

NEW DELHI: The government has warned broadcast companies and teleport operators who have obtained permission for services of foreign satellites without prior approval of the Information and Broadcasting Ministry for remittance in foreign exchange of hiring charges which is mandatory under a circular of the Finance Ministry of September 2004.

Ministry joint secretary (Broadcasting) Supriya Sahu in an advisory reiterated the need and importance for seeking prior approval of the Ministry for making payments in foreign exchange towards hiring of transponders of foreign satellites and complying with the existing provisions of the Reserve Bank of India in this regard.

She stressed that the I&B Ministry is the administrative Ministry for granting permission to remittance of Forex for hiring charges of transponders on foreign satellites by TV channels/ teleports.

She said that in view of this, all broadcast companies and teleport operators are advised to strictly follow the guidelines under the provisions of the Foreign Exchange Management Act 1999. Any proposal seeking approval of the Ministry should be submitted at least 30 days in advance of the date before which the payment is due.

She drew attention of the broadcasters to the Reserve Bank of India Circular of October 2004 wherein authorised dealer banks had been apprised that proposals for remittance of hiring charges of transponders by TV channels would require prior approval of the Ministry. The circular also stressed on the authorised dealer banks to bring the contents of the circular to the notice of their constituents and customers for ensuring compliance of the provision of the FEMA Act.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/28/trai2.jpg?itok=6RhJLTcW
Decks cleared for TRAI tariff order implementation as HC declines stay

MUMBAI: The Madras High Court today declined to stay Telecom Regulatory Authority of India's tariff order for cable TV. Chief justice Indira Banerjee and Justice M Sundar directed the main petition by Star India and Vijay TV to be heard on 12 June. However, the court said that Section 3 of the...

Regulators High Court
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/28/rajiv-agarwaal-800x800_0%20%281%29.jpg?itok=xNp0GgzA
Govt. measures to reduce patent application time to 18 months under way

Intellectual Property Rights regime in India is undergoing a process of re-engineering with the collaboration of government and industry, Department of Industrial Policy and Promotion (DIPP) Joint Secretary Rajiv Aggarwal said today.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/28/CBFC.jpg?itok=uos_qsHk
House panel goads changes in film certification, notes under-utilisation of CBFC funds

NEW DELHI: There is an urgent need to revise the guidelines/Acts/Rules relating to Cinematograph Act 1952 and Cinematograph Certification Rules 1983 in the light of Shyam Benegal Committee Report in view of the increase in number of films, short films, advertisements, documentation being submitted...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/27/unnamed.jpg?itok=n6tTO4UO
HC orders on Star plea for stay on TRAI tariff today

Orders are expected to be pronounced tomorrow on the application by Star India and Vijay TV in Madras High Court seeking a stay of the tariff orders issued by the regulator last month and slated to become effective 2 May 2017.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/27/Venkaiah-Naidu.jpg?itok=6RWaiFAE
National Cine Museum only if it attracts aficionados: House panel

NEW DELHI: Noting that the National Museum of Indian Cinema in Mumbai is expected to be completed by July this year, a Parliament Committee wants the Information and Broadcasting Ministry to get a response and feedback of the industry as to how far it is successful in attracting film fraternity...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/26/mh%20%281%29_0.jpg?itok=mYXV63K-
Madras HC: Arguments to continue in Star-TRAI tariff case on Thursday

Arguments will to continue tomorrow on the application by Star India and Vijay TV seeking a stay of the tariff orders issued by the regulator last month and slated to become effective 2 May 2017. It is expected that the arguments will conclude on Thursday and the order announced thereafter on the...

Regulators High Court
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/26/V%20Naidu.jpg?itok=-8wti3R4
Avoid 'slippages' of film sector budget utilisation, House panel recommends

NEW DELHI: While noting the ‘slippages which could have been avoided’, a Parliamentary Committee has taking serious note of the continuous reduction in expenditure in the film sector despite reasonable budgetary allocations. The Parliamentary Standing Committee on Information Technology which also...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/26/TRAI1.jpg?itok=R9hcNn40
TRAI’s Plan-corpus fund growth lower due to lesser govt grant in FY-16

BENGALURU: The Telecom Regulatory Authority of India reported its financial results for the year ended 31 March 2016 (FY-16). The regulator received 50.83 percent lower Plan grant from the Central Government at Rs 14.75 crore in FY-16 as compared to Rs 30 crore in the previous year. After taking...

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/25/Shaktikanta-Das.jpg?itok=qM-bfqgC
Govt defers Datawind & Vodafone FDI proposals

The Government has rejected a proposal by Limpkin Telecom Private Limited to bring in 100% foreign investment by Jorden Elizabeth, a UK citizen.

Regulators I&B Ministry

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories