sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Service Tax »
 Should you use home sale value to get tax break
 Auction of Government of India Dated Securities November 12, 2018
 Auction for Sale (Re-issue) of Government Stock (GS) November 12, 2018
 How can I save tax on gains made on selling a shop a
 Here's is a quick guide to how you can save tax on gifts
 Don't buy life insurance just for saving tax, ask these 4 questions before investing
 E-tailers caught between state laws & penalty on tax
  Central Goods and Services Tax (Eleventh Amendment) Rules, 2018
 Central Goods and Services Tax (Twelfth Amendment) Rules, 2018
 The Central Goods And Services Tax (Amendment) Act, 2018
  How much tax are you liable to pay on long-term capital gains on property?

Service tax on films: I&B minister to meet FM
January, 19th 2013

Information and Broadcasting (I&B) minister Manish Tewari, along with a delegation from the film industry, will meet the Union finance minister to discuss withdrawal of the 12.36% service tax, I&B secretary Uday K Varma told mediapersons on Friday.

"We are with the film industry and our minister has promised to resolve the issue," said Varma.

Last Sunday, Tewari met members of the film fraternity after they threatened to strike work against the "unjustified" tax levied on them, including service tax.

The ministry has also appointed filmmaker Amole Gupte as chairperson of CFSI. When pointed out that the annual budget allocation for children films is very low, Varma said: "The budget has been increased to Rs 12 crore. It is not the budget, but the content, that really matters."

Meanwhile, the I&B ministry is confident of meeting the March 31 deadline of digitization in 38 cities across the country. The four metros - Mumbai, Delhi, Kolkata and Chennai - were part of the first phase of digitization. The second phase will cover the 10 lakh population-plus cities including Pune, Nagpur, Nashik, Aurangabad and Thane.

Varma said the ministry has been reviewing the progress and nodal officers have been appointed in every state to oversee the conversion.

"It has been estimated that 1.6 crore set-top boxes would be required to digitize the 38 cities, excluding the four metros. But a study conducted by the I&B ministry has revealed that 60 lakh television sets in these cities are already digitized," he said.

Varma added that a few cities, such as Ludhiana and Amritsar, are already 90% digital and the level of digitization is high even in Bangalore and Hyderabad.

Expressing satisfaction over the implementation of the first phase of digitization, he said the exercise was more or less completely successful in Mumbai and Delhi. He added that even Kolkata, which initially had reservations about digital conversion, has come on board with a conversion rate nearing 90%. He declined to comment about Chennai, saying the matter is sub-judice.

Varma said the first phase of digitization was a learning experience and the government was working to refine the process.. He said, the feedback from the newly converted digital homes has been mostly favourable and added that the move is bringing in a more transparent cable TV regime in the country.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Careers

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions