Connect with us

News Broadcasting

IBF exhorts govt to remove service, fringe benefit taxes

Published

on

NEW DELHI: The Indian Broadcasting Foundation has petitioned the government to remove the disparity between the electronic and print media by seeking exemption from service tax on advertising revenue.

In its pre-Budget memorandum to the finance ministry, the IBF has said an advertisement attracts service tax while being broadcast, but is exempted when appearing in print press.

Thus it makes advertisements 12.25 per cent costlier in the electronic media, distorting the level playing field between various media, the IBF memo states.

Advertisement

The IBF, founded in 1999, is the largest national organization of television broadcasters. Its membership extends to 30 major broadcasters, which make available more than 130 TV channels to millions of Indian homes.

In order to achieve targets for digitalization during the first phase (2006 to 2010), as mandated by the sector regulator, the customs and excise duties on all sector-related equipment should be kept at zero for the next five years.

IBF has exhorted the finance minister to reduce customs duty of set top boxes (STBs), used in addressable system, to zero for at least another five years to ensure that boxes could be made available to customers at affordable prices.

Advertisement

Joining issues with many other industries, IBF has said that keeping in view the special characteristics and role in sub-serving the fundamental right of receiving and dissemination information, the fringe benefit tax (FBT) should not be imposed on the electronic and print media.

It has argued that if the government wishes to levy FBT, then it should be categorized along with five other industries, including infotech, where the tax concerned has a low base of five per cent.

Some other demands of the IBF are following:

Advertisement

# Inclusion of the cable & broadcasting industry under section 72 A of the Income Tax Act, which provides incentive for takeover /amalgamation by robust companies.

# Direction to government field officers to accept service tax on subscription revenue (introduced in June 2005) on the basis of the list of cable operators having a turnover of more than Rs. 400,000, since those with lesser turnover have been exempted by the government.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News Broadcasting

Kamlesh Singh receives Haldi Ghati Award from MMCF

India Today Group editor honoured for three decades of journalism at Udaipur ceremony.

Published

on

MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.

The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”

Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.

Advertisement

The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.

Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.

In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.

Advertisement

Continue Reading

Advertisement News18
Advertisement All three Media
Advertisement Whtasapp
Advertisement Year Enders

Copyright © 2026 Indian Television Dot Com PVT LTD

This will close in 10 seconds