MIB recommends reduction of GST on digital news subscription from 18% to 5%
As per reports, the I&B ministry has recommended to the Finance Ministry that the GST on online media subscriptions be either removed or rationalised
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Published: Aug 16, 2024 9:18 AM | 1 min read
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The MIB has made recommendations to the Finance Ministry to reduce the Goods & Services Tax (GST) applied on digital news subscription, as per media reports.
Online media houses have been seeking bringing down the GST from 18 per cent to 5 per cent.
The GST Council will now be meeting on September 9.
A media report quoted an official as saying that the I&B Secretary had written to the Revenue Secretary in this regard. The recommendation talks of either removing the GST or rationalising it by brining it down to 5 per cent as the same as e-books.
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