At India Today Business Today Budget Round Table 2024, Finance Minister Nirmala Sitharaman says details of scheme to be worked out
While industry experts express disappointment over the government giving the M&E sector a miss, they say several other initiatives that have been announced would spur ad revenue
These allocation could enhance economic activity and ad industry growth, provided implementation is effective, say experts
Industry players were looking forward to government easing the 5% newsprint cost duty
A low-down of what players from each of the sectors hope this Budget will deliver
Several stakeholders, e4m spoke to, shared suggestions like facilitating subsidies to filmmakers & web series creators, easing the TDS framework and making tweaks in the Cinematography Act
Sharma described the meeting as ‘very cordial and fruitful’
The interim budget lays the foundation of inclusive growth and ignites optimism, share industry heads
The network has also claimed to be the most-watched channel on YouTube Live at 12 PM on Budget Day
Major portion of the outlay, Rs 2,960 crore, allocated to broadcasting
Although it's just Vote of Account, stakeholders have high hopes from the govt which range from higher DAVP ad rates to waiving import duty from newsprint and considering advertising at par with R&D
The channel will be launched by Finance Minister Nirmala Sitharaman
The tax will be applied not to each value of the bets placed but to the entry amount that users pay
The finance ministry is working with MeitY to eradicate Ponzi applications, Sitharaman said recently
Prasar Bharati has been allotted Rs 2,808.36 crore
The measures announced by the finance minister are likely to have direct and indirect impact on the media and entertainment industry
Finance minister Nirmala Sitharaman announced that the revamped scheme will enable additional collateral-free credit of Rs 2 lakh crore
These AI centres will have collaborations between top educational institutions and relevant industry leaders, said the FM
The government will soon work towards actioning the recommendations that come out of the report, the MIB Secretary said at the CII summit
Nirmala Sitharaman has asked the state to identify products that can be showcased at the G-20 summit
While the move will help catalyze the growth of start-ups in the blockchain segment, the proposal for a 30% tax on digital assets seems too high, say experts
The FM also said in her Budget speech that the tax incentive scheme for startups will be extended by one more year to 2023
Finance Minister Nirmala Sitharaman said during her Union Budget speech that the AVCG sector offers immense potential to employ youth
The sector also looks forward to measures for business recovery and support for MSMEs & startups
The channel is promoted by US Broadcasting India Pvt Ltd., a subsidiary of OOH major US Advertising
Prasar Bharati will receive Rs 2640.11 crore
The print industry was looking forward to the 5% custom duty waiver on newsprints
Industry players are hoping for a progressive Budget with structural reforms that will drive consumption and growth
Newsprint cost has jumped 20 per cent in the past three months due to the Covid-19 pandemic, publishers have reportedly claimed in a representation given to government
Association of Indian Magazines President B Srinivasan wrote to Union Finance Minister Nirmala Sitharaman with a list of demands that will aid the ailing magazine industry
We bring you a roundup of the news that made headlines this past week
According to industry experts, digital advertising is expected to be a clear winner with MSMEs trusting the medium more than ever to reach out to their target audience
Prime Minister Modi mentioned that details of the economic package will be given by Finance Minister Nirmala Sitharaman and has also assured that the benefit will cover all sections
AIM has written to Finance Minister Nirmala Sitharaman, citing low or no profitability for magazine publishers
We spoke to industry players on some of the key announcements made in the Union Budget with respect to promoting start-ups
While most industry heads have lauded the Bharat Net allocation and impetus to start-ups, some players say there is an absence of big gun announcements and feel-good measures
The move, Finance Minister Nirmala Sitharaman, said was to reduce burden on print media at a time when it is going through a difficult phase
A policy will be rolled out to enable private sector to build data centre parks throughout the country, the Finance Minister said in the Budget Speech
Relaxing taxes, addressing GST concerns, boosting infrastructure, reviving consumption and going digital are some of the key expectations from this year’s Union Budget
In the backdrop of the economic slowdown, advertising industry leaders share their expectations from the Union Budget to be presented this week by Finance Minister Nirmala Sitharaman
Shereen Bhan, Managing Editor, CNBC-TV18, will present live pre and post budget analysis
In the current scenario, the GST applicable on the print media stands at 5% whereas the news broadcasters are charged 18% GST