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DNPA Urges Government to Exempt GST on E-Papers and Digital News Subscriptions

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The Digital News Publishers Association (DNPA) has called on the Indian government to exempt Goods and Services Tax (GST) on e-papers and digital news subscriptions. The DNPA highlighted that while printed newspapers are exempt from GST, digital news subscriptions are currently taxed at 18% under the Integrated Goods and Services Tax (IGST) Act. They argue that news content, whether delivered via print or digital platforms, should be made accessible at affordable rates. The Information & Broadcasting (I&B) Ministry recently requested the Ministry of Finance to reconsider the GST rate for digital news subscriptions. In its appeal, the DNPA pointed out a previous instance where the GST Council reduced the tax on e-books from 18% to 5% in 2018, after recognizing the disparity between printed books (exempt from GST) and their electronic versions. The DNPA believes a similar approach should be applied to e-papers, advocating for either a significant reduction in GST or complete exemption. In a letter dated July 22, I&B Secretary Sanjay Jaju requested Revenue Secretary Sanjay Malhotra to either remove the GST on digital news subscriptions entirely or reduce it from 18% to 5%. Jaju’s letter noted that the higher GST rate could stifle the growth of the online news sector by pushing it towards an ad-based revenue model, which could compromise content quality and credibility through practices like clickbait and sensationalism. The letter emphasized that with the increasing internet penetration in India and the relatively nascent stage of the digital news industry, it is crucial to treat online news subscriptions similarly to printed newspapers and e-books for GST purposes. Jaju also noted that the revenue impact of reducing the GST rate on the Rs. 120 crore digital news subscription industry would be minimal, with an estimated revenue loss of around Rs. 21.6 crore. The DNPA’s appeal underlines the need for policy adjustments to support the growth of digital news and ensure that credible information remains accessible to the public as the media landscape continues to evolve. Source: Story board  

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State Government Sanctions ₹4,194 Crore Relief Package for Cotton and Soybean Farmers

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The state government has sanctioned substantial financial assistance for cotton and soybean farmers adversely affected by price declines in the preceding year. To alleviate the repercussions of these losses, the government unveiled a financial relief package intended to aid cotton and soybean cultivators for the kharif marketing season 2023-24. This relief package encompasses a grant of ₹5,000 per hectare, with a ceiling of two hectares per farmer. The government has sanctioned a proposal to extend financial assistance in two strata: ₹1,000 per hectare for areas under 0.2 hectares and ₹5,000 per hectare for areas exceeding 0.2 hectares, up to a maximum of two hectares. As the GR was issued on July 29, the precise amount expended for Vidarbha farmers remains unascertained, according to officials. “Nevertheless, the process has commenced at district levels across both divisions in Vidarbha. We will have to initiate from the very beginning, which entails compiling a list of eligible farmers, among other tasks,” an official said. The government has allocated a total expenditure of ₹4,194.68 crore to effectuate this financial assistance scheme. Of this, ₹1,548.34 crore is apportioned for cotton farmers, while ₹2,646.34 crore is earmarked for soybean growers. The funding will be deployed during the additional budget presented on July 5, underpinning the special action plan formulated to augment the productivity and value chain of cotton, soybean, and other oilseed crops. Eligibility for this financial support is clearly delineated: Cotton and soybean farmers who cultivated their crops during the 2023 kharif season are entitled to get ₹1,000 per hectare for areas under 0.2 hectares and ₹5,000 per hectare for areas up to 2 hectares. The scheme is anticipated to buttress the growth of the agricultural sector, reinforcing the government’s dedication to addressing the exigencies of the farming community.

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Google Urges US Government to Update Immigration Rules for AI Talent

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Google is urging the US government to modernize its immigration policies, particularly focusing on the Schedule A list, to attract and retain top artificial intelligence (AI) and cybersecurity talent from around the world. In a letter addressed to the Department of Labor, the tech giant expressed concerns that outdated policies could lead to a loss of valuable talent in these critical sectors. The Schedule A list, last updated in 2005, identifies occupations with insufficient American workers. Google argues that this list needs to be expanded to include AI and cybersecurity-related fields and should be updated more frequently to reflect changing labor needs. The company emphasized the growing demand for AI talent within its ranks and stressed the importance of addressing the talent shortage to fully harness the potential of AI advancements. Google also highlighted the lengthy process of obtaining permanent labor certification (PERM) and called for a more efficient system to attract and retain top talent. Karan Bhatia, head of government affairs and public policy at Google, underscored the global shortage of AI talent and emphasized the need for the US to adapt its immigration policies accordingly. This call for immigration reform comes amid fierce competition among tech companies to attract AI talent, with Meta CEO Mark Zuckerberg reportedly making personal offers to AI researchers. Google CEO Sundar Pichai has also expressed concerns about losing key talent to rivals like Apple. The strict immigration policies in the US have exacerbated these concerns, making it challenging for companies to attract and retain AI talent from abroad. While President Joe Biden’s executive order on AI aims to increase AI talent in the country, Google’s letter suggests that more comprehensive reforms are needed to ensure the US remains competitive in the global race for AI dominance.

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