Media & Entertainment yet to find favour

Frank D’Souza, Malini Mallikarjun
Posted: Monday, Mar 03, 2008 at 2301 hrs IST
Updated: Sunday, Mar 02, 2008 at 2321 hrs IST

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FM likely to present budget for 'aam aadmi'

: extended to MP3/ MP4 and MPEG players having audio and video reception facility. The rate of central sales tax has also been reduced from 3% to 2%.

On the whole, Budget 2008 has provided some relief to the M&E Industry. However, industry players would continue to operate in a realm of uncertainty, posing significant challenges and distractions to growth, at least for a year more!

Frank D’Souza is a partner and Malini Mallikarjun is a director with BMR Advisors...

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