'There has been some positive movement, but a lot more needs to be done': Ashish Bhasin on Government's help
State Governments like Gujarat as well as some ministries from the Central Government clearing part dues
May 28, 2020 07:06:00 AM | Article | Campaign India Team
In a conversation with Campaign India, Bhasin stated, "Weighted deduction for advertising while computing taxes, in order to incentivise clients to spend is very important to restart the industry and there has been no response regarding this from the Government."
He added that the Government has taken the other recommendations from the letter drafted to the Union Minister of Information and Broadcasting Prakash Javadekar in mid-April.
"Some refunds have started coming from the Government. We're seeing state Governments like Gujarat as well as some ministries from the Central Government clearing part dues. There has been some positive movement as the dues were ranging for the last 6-12 months, but a lot more needs to be done," said Bhasin.
The current lockdown in the country is scheduled to be lifted on 31 May.