News Broadcasting
NDTV gets slapped with higher tax dues notice
MUMBAI: NDTV India’s tax woes continue. The news network which has been under the taxman’s scanner, received another order from the department raising the alleged tax dues from it. The income tax department had issued an order earlier this year claiming Rs 47.27 crore in unpaid taxes on an investment by Fuse + Media Holding (in the assessment year 2007-2008), calling it a sham transaction. On 20 September, NDTV received a revised order from the tax folks saying that it had mistakenly under-computed tax to the tune of Rs 12.71 crore under section 234 B for a lesser period for the same financial year and transaction.
Hence, the dues claimable by the tax department stand enhanced by that amount, it says.
NDTV today informed the Bombay stock exchange about this development but added that it strongly believes that the Order under section 147/143(3) is untenable and misconceived and it has already filed an appeal against it before Commissioner of Income Tax (Appeals).
Moreover, the company says it believes that even the tax demand after the revised order will go down substantially since it had already won the appeal in the ITAT against the original assessment order (“original prder”), effect of which is yet to be given by the department, pending official receipt of the original order from the ITAT.
News Broadcasting
BBC to cut up to 2,000 jobs in biggest overhaul in 15 years
Cost pressures and leadership change drive major workforce reduction plan
LONDON: BBC has unveiled plans to cut up to 2,000 jobs, roughly 10 per cent of its global workforce, in what marks its biggest downsizing in 15 years.
The announcement was made during an all-staff meeting led by interim director-general Rhodri Talfan Davies, as the broadcaster moves to tackle mounting financial pressures and reshape its operations.
Between 1,800 and 2,000 roles are expected to be eliminated from a workforce of around 21,500. The cuts form part of a broader plan to save £500 million over the next two years, aimed at offsetting rising costs, stagnating licence fee income and weaker commercial revenues.
In a communication to staff, BBC interim director-general Rhodri Talfan Davies said, “I know this creates real uncertainty, but we wanted to be open about the challenge,” acknowledging the impact the move would have across the organisation.
The restructuring comes at a time of leadership transition. Former director-general Tim Davie stepped down earlier this month, with Matt Brittin, a former Google executive, set to take over the role on May 18, 2026.
While some cost-cutting measures are being implemented immediately, the majority of the structural changes are expected to roll out over the next few years, with full savings targeted by the 2027–2028 financial year.
The broadcaster had earlier signalled its intent to reduce its cost base by around 10 per cent over a three-year period, warning of “difficult choices” as it adapts to shifting economic realities and audience expectations.
With operating costs hovering around £6 billion annually, the BBC’s latest move underscores the scale of the financial challenge it faces, as it balances public service commitments with the need for long-term sustainability in an increasingly competitive media landscape.
