Buying music from overseas sites will cost 15% more
MUMBAI: The Central Board of Excise and Custom (CBEC) will charge 15 per cent over every download executed from overseas websites. Overseas companies offering services to Indian consumers like music or ebooks will now no longer be exempted from the service tax, starting 1 December.
Hyderabad, Dehradun continue to lead, no bids on fifth day of auctions
NEW DELHI: With Hyderabad continuing to lead with a bid of Rs 23,43,48,266 and Dehradun next with Rs 15,61,00,590 (same as 3 November), there was still no activity for 48 cities as four more rounds were conducted today for the FM Phase III taking the total to 20.
Second batch of FM Phase III to resume on Thursday after holiday break
NEW DELHI: The auction for the second batch of FM Phase III, which had been put off by a day to 26 October following demands by some stakeholders, but then went on to have just two days of auctions before the Diwali holiday, will commence tomorrow for the third day.
Govt cancels licences for FM channels in Agartala and Itanagar
NEW DELHI: Positive Radio Pvt. Limited based in Noida and Guwahati has lost its licence to establish, maintain and operate private FM radio broadcasting channels at Agartala and Itanagar with effect from 25 October.