New Delhi: Union Finance Minister Nirmala Sitharaman today met the members of the executive body of News Broadcasters Federation (NBF) in New Delhi.
During the meeting, the NBF represented by President Arnab Goswami, Vice Presidents Jagi Mangat Panda and Sanjive Narain, and Secretary-General R Jai Krishna handed over a recommendation to the Finance Minister requesting for parity on GST with the newspaper industry.
As of now, GST on the print media stands at 5 per cent whereas the news broadcasters are charged 18 per cent GST.
Reportedly, 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 of NBF and assured the members that she would look into the matter.