[icernet] Entertainment Industry Makes Its Pitch For The Budget

[Arul Selvan]

Broadcasters, film producers, music companies and animation sector 
representatives made their budget pitch to the government. The Indian 
Broadcasting Foundation (IBF), which is the apex body for the entertainment 
industry, along with Confederation of Indian Industry (CII) and Federation 
of Indian Chambers of Commerce and Industry (Ficci) delegations, presented 
the recommendations to the information and broadcasting minister Sushma 
Swaraj.

IBF asked the government for a complete waiver of custom duties on import 
of content creation, uplinking and downlinking hardware, and broadcasting 
software for the next five years. On behalf of the film industry, the CII 
and Ficci delegations stressed the need for a fair service tax structure 
and abolition of advance tax. Multi-layered service tax has been a 
problematic issue for the entertainment industry for long. 

Source:
http://www.financialexpress.com/fe_full_story.php?content_id=25378