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    Effect of Union Budget 2011 - 2012 On

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    rajeshkumarr1990
    The Union Budget for 2011-2012 included several measures that will impact India's media sector. Excise duty exemptions on film and reductions on LEDs and printer parts will lower costs for film and print companies. The nominal increase in MAT tax is offset by reductions in surcharges for domestic companies. Production houses and print media companies will see benefits from these duty changes.

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    Effect of Union Budget 2011 - 2012 On

    Uploaded by

    rajeshkumarr1990
    13 views4 pages
    The Union Budget for 2011-2012 included several measures that will impact India's media sector. Excise duty exemptions on film and reductions on LEDs and printer parts will lower costs for film and print companies. The nominal increase in MAT tax is offset by reductions in surcharges for domestic companies. Production houses and print media companies will see benefits from these duty changes.

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    Effect of Union Budget 2011 – 2012 on

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    The Union Budget for 2011-2012 included several measures that will impact India's media sector. Excise duty exemptions on film and reductions on LEDs and printer parts will lower costs for film and print companies. The nominal increase in MAT tax is offset by reductions in surcharges for domestic companies. Production houses and print media companies will see benefits from these duty changes.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    13 views4 pages

    Effect of Union Budget 2011 - 2012 On

    Uploaded by

    rajeshkumarr1990
    The Union Budget for 2011-2012 included several measures that will impact India's media sector. Excise duty exemptions on film and reductions on LEDs and printer parts will lower costs for film and print companies. The nominal increase in MAT tax is offset by reductions in surcharges for domestic companies. Production houses and print media companies will see benefits from these duty changes.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    Effect on Media Sector : Union Budget 2011

    – 2012
    Budget Measures
    Countervailing duty (CVD) and excise duty exemption on jumbo rolls of 400 feet and 1000 feet colour , unexposed cinematographic film.
    Excise duty on LED is reduced to 5% and the special CVD is fully exempted.
    Excise duty reduced from 10% to 5% on parts of ink-jet and laser-jet printers.
    Minimum Alternate Tax (MAT) on book profits has been marginally increased from 18% to 18.5%.
    Surcharge on domestic companies reduced to 5% from 7.5%.
    Budget Impact

    The CVD exemption on cinematographic film will be helpful for the


    Indian film industry which imports this film.
    The change in taxes on LED is not likely to affect the end
    consumers much.
    Reduced prices of printers will bring down the cost of production
    for the companies in print media.
    Increase in MAT is very nominal and is offset by a reduction in
    surcharge.
    Company Impact

    Production houses like Balaji Telefilms will benefit


     out of the announcement of dutyexemption on
    cinematographic film.
    Reduction in the price of printers is a positive for
    companies like Jagran Prakashan and HT Media.

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