Impact Of GST On Cable TV Operators & Broadband Service Providers

The Taxable Supplies by Local Cable Operator(LCO) under the Cable TV Industry are as follows: Supply of Cable TV Package to Customers. Supply of Set-top box (STB). Set-top-box(STB) Repair Services. Supply of Broadband Package on Behalf of Multi System Operator(MSO) / Broadband Service Provider. Other Related Supplies Made For the Provision of Cable TV / Broadband Package; Some of the…

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New Beginning of FDI Starts With The Abolition Of FIPB

The Ministry of Information & Broadcasting (MIB) is now the nodal ministry for all foreign direct investment (FDI) proposals related to the broadcasting and print media sectors, as per the official memorandum issued by the Ministry of Finance (MoF) on the abolition of the Foreign Investment Promotion Board (FIPB). Finance minister Arun Jaitley had announced the abolition of the FIPB…

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GST To Help Broadcasting Business Broadcasters Roping Hopes With It

Television broadcasters are truly delighted at the passage of the Central Goods and Services Tax (CGST) Bill, the Integrated GST (IGST) Bill, the Compensation GST Bill and the Union Territory GST Bill 2017. They sincerely appreciate the commendable work done by finance minister Arun Jaitley and the members of the GST Council. With this, one of the biggest taxation reforms…

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Big Reforms on FDI Industries Have Enough Reasons To Cheer

The roaring mandate invests Prime Minister Narendra Modi with enough political capital to push ahead with “reforms”. The catch: what Modi means by “reforms” does not fall into the bracket of the usual definition that refers to deregulation, removal of distortions caused by regulation and minimise the presence of the government in business operations. Modi’s brand of “radical reforms” would…

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Digitisation to Boost India’s Internet Economy

Post digitisation by the government, Indian internet economy is heading to the $250 billion mark. Increase in number of online users and thereby growth in data consumption will result in stupendous 100% plus growth in the said economy. Post digitisation by the government, Indian internet economy is heading to the $250 billion mark. Increase in number of online users and…

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De-Monetisation & Media Industry: The Changed scenario

The images on television are troubling. Harassed people queuing for hours. An elderly man, obviously quite sick, crying helplessly. The hospital wouldn’t admit him for the required surgery nor would the chemist sell him the drugs he needed because his money had ceased to be legal tender. A lady crying, her husband had just died because no hospital would admit…

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