B&W TV SALES MAY DROP FOLLOWING CTV PRICE REDUCTION

Article Abstract:

There is likely to be a decline in sales of black and white (B&W) television sets following a 24-25 percent reduction in the prices of colour television (CTV) sets. The sales of B&W televisions has also been affected by the second-hand CTV market. The total production of B&W television sets is likely to come down to around 5.3 million units in 1998-99 against 6 million sets in 1997-98. The price of a 20 inch B&W set is about Rs3500-4000 while that of a 14 inch CTV is Rs7000-8000. (khr)

Comment:

There is likely to be a decline in sales of black and white (B&W) television sets following a 24-25 percent reduction in the prices of colour television (CTV) sets.

Market information - general, Audio and Video Equipment Manufacturing, Monochrome Television, Televisions

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TAX WAIVER ON FILM SOFTWARE A MODERATE BOX OFFICE HIT

Article Abstract:

The government has conceded the demand for tax exemption on earnings from exports of film, television, music and other entertainment software. The finance ministry has planned to introduce a new section 80-HHF in the Income Tax Act, to permit tax waiver for profits from export of films and entertainment software. But a section of the industry is disappointed as the demand for abolishing the 18 percent countervailing duty on raw film stock has not been met. (khr)

Prepackaged software, Motion picture and tape distribution, Motion Picture and Video Distribution, Taxes, Motion Picture & TV Distribution, Entertainment software, Music software

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