AIDCF Seeks GST Rate Cut on Cable TV Services from 18% to 5%

The All India Digital Cable Federation (AIDCF) has sought a GST rate cut on cable TV services from 18% to 5%. The AIDCF argues that a rate cut would not only make cable TV services more affordable for consumers but also help the industry expand and create more jobs. The AIDCF has also highlighted that a rate cut would help the industry to better compete with streaming platforms, which are currently exempt from GST. This is a crucial step towards ensuring that the cable TV industry remains a viable and attractive investment. The move is expected to boost consumer spending and investment in the entertainment sector.