Specials

TV sets to get cheaper: Budget 2014

MUMBAI: Even as India has one of the highest cable TV homes in the world, it is set to get even higher with the latest announcement from Finance Minister Arun Jaitley for Budget 2014.

 

While speaking in the Parliament, Jaitley stated that electronic goods such as TV sets and personal computers will be cheaper. He has announced proposal to make cathode ray tube (CRT) TVs cheaper as well as encourage manufacture of LED and LCD panels of TVs.

 

The basic custom duty on LED panels below 19 inches will be made nil. CRT TVs have also been exempted from custom duty to help the poor.  The announcements have been made to boost the domestic manufacturing sector.

 

"Cathode ray TVs are used by weaker sections who cannot afford to buy more expensive flat panel TVs. I propose to exempt colour picture tubes from basic customs duty to make cathode ray TVs cheaper. The duty concession will help revive manufacturing of TVs in the SME sector and create employment opportunities. At the same time, to encourage production of LCD and LED TVs below 19 inches in India, I propose to reduce the basic customs duty on LCD and LED TV panels of below 19 inches from 10 per cent to Nil. Further, to encourage manufacture of LCD and LED TV panels, I propose to exempt from basic customs duty specified inputs used in their manufacture," said Jaitely. 

 

Soon after the announcement, global analytical company providing ratings, research and risk and policy advisory services CRISIL tweeted that after this, the price of LCD/LED TVs (that constitute 51 per cent of sales) will reduce by Rs 1000.

 

PricewaterhouseCoopers leader- entertainment & media practice India Smita Jha added, "We also believe the reductions in customs duty on LCD and LEC of sub-19 panels will also indirectly provide filip to the national digitisation agenda."

 

 

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/08/26/Vidnet%202016.jpg?itok=BtyiVsO5
Digital success via differentiated content, good story-telling, partnerships

MUMBAI: Bollywood, Hollywood and sports content will certainly get you traction, but ultimately well thought out differentiated content, partnerships with platforms and targeted audience will not only get the eyeballs, but also return on investment for content creators on OTT platforms.

Specials Event Coverage VidNet
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/08/25/Untitled-1.jpg?itok=bmfURftl
Decoding the Indian online video watchers remains an enigma

Perhaps the biggest challenge for programmers on online media is to define and segregate the online viewers who will take to OTT mediums in India.

Specials Event Coverage VidNet
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/08/24/DSC_3143.JPG?itok=CMDGxWxj
Satisfying writer, client and customer is biggest challenge: Arunabh Kumar

The room was jam packed. Industry specialists came in droves to support Indiantelevision.com’s flagship event, Vidnet 2016: Content on the Go, India’s first focused OTT conference.

Specials Event Coverage VidNet
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/08/24/Dev-gupta.jpg?itok=To9nuyH9
OTT players have many content, technical challenges to overcome: Akamai's Dev Gupta

More and more ‘OTT players’ are entering India’s fast churning online video ecosystem in a bid to make something out of the double digit growth rates in digital ads in India. If one were to go by industry estimates some thirty odd new digital video services will launch in this market by the next...

Specials Event Coverage VidNet
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/08/23/vid16_0.jpg?itok=iRK0cIbP
Vidnet 2016: India's First Focused OTT Conference

MUMBAI: In today's mobile-first-with-the-young-generation scenario, content creation, distribution and consumption is constantly evolving. Capturing the rapid emerging mood of innovation is Indiantelevision.com’s breakthrough conference, Vidnet 2016: Content on the Go which is to be held on 24...

Specials Event Coverage VidNet
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/08/17/Zee-Mindspace-Conference.jpg?itok=JvEsP5eM
Zee Mindspace Awards 2016 to acknowledge marketing fraternity

Zee Entertainment Enterprises Limited (ZEEL) has instituted the Zee Mindspace Awards to give recognition to brands.

Specials Event Coverage Occasions
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/08/02/Digital-India-1.jpg?itok=WeVG6KYP
Government & private initiatives required to achieve ambitious goal of Digital India

MUMBAI: According to Akamai’s 2015 Asia Pacific Survey, India had the lowest average broadband speeds of 2.5 Mbps

Specials Event Coverage Ficci Frames
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/07/29/FICCI_2.jpg?itok=zLPa9yfL
Can OTT players leverage market opportunities & rationalize rising content costs?

In a bid to grab eyeballs, spending on digital advertising is on the increase, but this increase also comes with challenges, if KPMG is to be believed.

Specials Event Coverage Ficci Frames
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/07/27/Untitled-1_38.jpg?itok=1ugmIOou
Online pirates beware, Copyright Force on way

Red alert for online pirates of TV content and movies. Copyright Force is on its way.

Specials Event Coverage Ficci Frames

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories