Multi System Operators Pay Rs 7.41 Crore As Processing Fee To Government

By May 29th, 2015 AT 4:08 PM

The government has collected a total processing fees of Rs. 7.41 crore from Multi System Operators over the last three years. As per the reports, this amount has been charged for letting them offering digital addressable Cable TV services in the country.

dth-india

The ordinary procedure suggests that the Ministry of Information and Broadcasting collects Rs. 1 lakh from each interested party as processing fee. The amount is collected at the time of submission of the registration application. In total, MIB collected Rs. 3 lakh in 2011-12, Rs. 1.80 crore in 2012-13, Rs. 79 lakh in 2013-14, and Rs 79 lakh in 2015 (up to 27-01-2015).

Apart from the processing fees, cable operators are required to pay entertainment tax to the state government and service tax to the central government. However, MIB doesn’t maintain any information concerning tax payments.

Read more on:

Bhupendra holds a Post Graduate degree from Christ University. He is an investment banker & trader by profession and a writer by heart.

Leave a Reply

avatar
Photo and Image Files
 
 
 

Recent Posts

Trai Will Make Recommendations to DoT on Allocation of 4G Spectrum to BSNL and MTNL

The Department of Telecommunications (DoT) which is responsible for allocating spectrum to telecom companies is finally seeking recommendations from the...

Vivo to Launch 5G Smartphone in India When the Market is Ready

Saying that it is presently working on building the elements that would be the key to the future growth of...

Xiaomi Poco F1 Gets System-Wide Dark Mode With MIUI 9.3.25 Beta Update

Ever since the launch last year, Xiaomi is pushing out frequent software updates to Poco F1. The Poco F1 is...