Television

Key issues relating to broadcasting sector ignored in budget, says IBF

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2016/02/29/tv%20people_0.jpg?itok=DRVDETz7

NEW DELHI: The Indian Broadcasting Foundation today expressed regret that the Union Budget 2016-17 had failed to look into key issues such as 'carry forward of losses, in case of amalgamation or merger for service industry under the industrial undertaking under Section 72 A of the Income Tax Act 1961.'

Foundation Secretary General Girish Srivastava said in a statement that it was also 'unfortunate that c industry, which has been playing a critical role in the digital initiative of the government, is being denied this benefit whereas other service sectors like Software, Telecom etc are availing these benefits.'

However, he thanked the Minister Arun Jaitley for addressing some of the concerns of the industry.

Describing it as an “inclusive and well-rounded budget which will not only help the Indian economy at large but also provide an opportunity to all in becoming part of the overall growth process”, Srivastava said, “Another point that broadcasters had raised in their pre-budget memorandum was on the tax withholding of transponder hire charges in which the sector had appealed for the alignment of the definition of royalty in DTAAs in line with the amended Finance Act 2012.

In the current Economic Survey, having acknowledged the significance of the ongoing digitization efforts and in turn Media and Entertainment Industry generating large scale revenue and employment, it seems that the budget inadvertently omitted the long- term pending demand of grant of infrastructure status to the sector, he said.

During the budget speech, Jaitley had stated that most of the recommendations made by Justice Easwar Committee on simplification of procedures and related issues shall be accepted in due course. “IBF will take up the issues as above with the Finance Ministry in its post budget consultations," Srivastava added in parting.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/23/bbc_0.jpg?itok=VPjduLoB
Cutting-edge, robotic, animal spies infiltrate the wild again in Sony BBC Earth’s premiere ‘Spy in the Wild 2’

Nature's spies are back undercover and this time, their mission is to go deeper into the animal world than ever thought possible. Spy in the Wild revolutionized wildlife filmmaking with the use of cutting edge technology and now with Season 2, the makers have set new benchmarks as they placed more...

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/ipl.jpg?itok=vqaVWQ7C
200 million tuned in to watch the opening match of IPL: Jay Shah, BCCI

Season 13 of the Indian Premier League has opened to a grand start with millions of audiences across the world watching it on their television and mobile screens. It is one of the biggest live sports events that is happening after a gap of nearly six months. The matches are played in UAE. Star...

Television TV Channels Sports
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/goquest.jpg?itok=qClrR34-
GoQuest Media signs international distribution rights for RATS

MUMBAI: Global independent content distributor GoQuest Media has partnered with Czech production company Heaven’s Gate to take the international distribution rights for the gripping crime thriller RATS (6 x 55') - a bold, hard-hitting drama about the Czech drug trade.

Television Production House Post Production
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/mahes.jpg?itok=8GUV33om
Leadership secrets & wisdom from Viacom18

Earlier this year during the thick of the lockdown due to the pandemic, Viacom18 CEO Sudhanshu Vats announced that he was moving on from the organisation he headed for around eight years. Earlier, in 2019, his deputy COO Raj Nayak too departed from a company he was associated with for seven years.

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/21/kbc.jpg?itok=B0hEp6Qg
Ten brands partner with season 12 of Kaun Banega Crorepati

MUMBAI: Celebrating two decades of unparalleled success and popularity, Kaun Banega Crorepati not only emerged as a game-changer for the Indian television industry but also instilled a larger focus on the power of knowledge being a great leveler. In its twelfth season, the show makes a comeback...

Television TV Channels GECs
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/21/and.jpg?itok=qXrA49E_
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/21/chrome.jpg?itok=KRUQzWyk
Chrome DM week 37: English Movie emerges as top gainer

MUMBAI: After seeing a marginal growth in week 36, various genres in the broadcasting segment have witnessed noticeable growth in week 37. English movie genre has become the top gainer in week 37, 2020 of Chrome Data Analytics and Media data. The genre has grown by 2.57 per cent. Among English...

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/21/flix.jpg?itok=0BDI_ifP
Pad Up For An Innings Of Unrivalled Thrills As &flix Presents Flix Movie League

The much-awaited moment has arrived as one of the biggest sporting leagues finally takes centre stage. But that’s not all! As you welcome back your beloved cricketers on field, it’s also time to root for your favourite heroes on screen with Flix Movie League on &flix. The stage is set for the...

Television TV Channels English Entertainment
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/21/enter10.jpg?itok=9Fh2HwLF
Enterr10 Television strengthens its Bhojpuri play with Enterr10 Rangeela

MUMBAI: In a bid to expand its presence across India and strengthen its foothold in existing markets, leading broadcaster Enterr10 Television announces the launch Enterr10 Rangeela, its second offering in the Bhojpuri region. Enterr10 Rangeela is a Bhojpuri language General Entertainment Channel....

Television TV Channels Movie Channels

Sign up for our Newsletter

subscribe for latest stories

* indicates required