Members of the News Broadcasters Federation (NBF) led by president Arnab Goswami today met Union Finance Minister Nirmala Sitharaman to hand over a recommendation requesting for parity on GST with the newspaper industry.
As of now, GST on the print media stands at 5% whereas the news broadcasters are charged 18% GST.
During the meeting, the President of NBF Arnab Goswami highlighted the need for parity given the similarity in the business model and the importance of TV news broadcasting in the country.
The Finance Minister accepted a copy of the recommendation forwarded by News Broadcasting Federation and assured the members that she would look into the matter.
The NBF was represented in the meeting besides the President of the executive body Arnab Goswami, Vice Presidents Jagi M Panda and Sanjive Narain, followed by the Secretary-General R Jai Krishna.