News broadcasters meet FM Sitharaman, seek parity in GST with print media

Image
Press Trust of India New Delhi
Last Updated : Jan 18 2020 | 11:40 AM IST

Executive body members of the News Broadcasters Federation have met Finance Minister Nirmala Sitharaman and requested that TV news channels be treated at par with the print media industry under GST regulations.

Currently, GST on the print media stands at 5 per cent whereas news broadcasters are charged 18 per cent GST.

In the meeting on Friday, NBF President Arnab Goswami highlighted the need for parity given the similarity in the business model and the importance of TV news broadcasting in the country, a release said.

The Finance Minister accepted a copy of the recommendation of NBF and assured the members that she would look into the matter.

The NBF was represented in the meeting by its President Goswami, Vice Presidents Jagi M Panda and Sanjive Narain, and Secretary-General R Jai Krishna.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 18 2020 | 11:40 AM IST

Next Story