Prasar Bharati exempted from paying income tax

In a key respite to the nation’s public broadcaster, the Prasar Bharati has been relieved from paying any income tax. As per one of the amendments in the Finance Bill, 2012, “any income of Prasar Bharati (Broadcasting Corporation of India)” is now mentioned among entities who will not have to pay tax.

Month: Current Affairs - May, 2012

Topics: Broadcasting • Doordarshan • Income Tax • Income tax in India • Prasar Bharati • Public broadcasting • State media • Tax • Television • Television stations

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