Comments
The standoff between broadcasters and advertising agencies has been resolved.
Leading broadcasters, who had been pulled by tax authorities for not deducting taxes at source on commissions charged by advertising agencies, had earlier stopped airing commercials from May 1.
They were only airing some commercials of agencies which had agreed for net bills and had refused do transactions on the basis of gross bills.
Broadcasters and advertising associations had been in intense discussion to sort out the matter for the past two days.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.