· AXE THE TAX' IMPACT #1
NO INCOME TAX UPTO 3 LAKH PER ANNUM
· 'AXE THE TAX' IMPACT #2
NO CASH TRANSACTIONS ABOVE 3 L
New Delhi, 2nd Feb 2017: Budget 2017 was much awaited given that the Modi Government had implemented its demonetization drive just a couple of months back. It was against this backdrop that CNN-News18’s award winning show, an initiative launched a decade back, once again took on the mantle of taking the people’s voice to the Honourable Finance Minister.
The cap on cash transactions above Rs. 3 lakhs and no income tax up to Rs. 3 lakhs pa were major announcements made by the FM during the Budget speech – these were key recommendations made by the channel to the Finance Minister.
About TV18
TV18 Broadcast Limited [BSE: 532800, NSE: TV18BRDCST] (“TV18”) is a part of Network18 Group. Network18 Group is a media and entertainment group with interests in television, internet, films, e-commerce, magazines, mobile content and allied businesses. Through its subsidiary, TV18, the group operates news channels such as CNBC-TV18, CNBC Awaaz, CNBC-TV18 Prime HD, CNN-NEWS18, and News18 India. TV18 also operates a joint venture with Viacom called Viacom18, which houses a portfolio of popular entertainment channels such as Colors, Colors HD, Rishtey, MTV India, MTV Indies, Comedy Central, Vh1, Nick, Sonic, Nick Jr and Viacom18 Motion Pictures, the group’s filmed entertainment business. TV18 has also forayed into the Indian factual entertainment space through a joint venture with A+E Networks and operates History TV18. In the regional space, the group operates a Gujarati business news channel – CNBC Bajar, a Marathi general news channel – IBN Lokmat and operates ten regional news channels under the ETV umbrella and five regional entertainment channels under the Colors brand. The group also operates a 24 hour an Indian news channel in English – News18, targeting global audiences. TV18 and Viacom18 have formed a strategic joint venture called IndiaCast, a multi-platform 'content asset monetization' entity that drives domestic and international channel distribution, placement services and content syndication for the bouquet of channels from the group and third parties.