Tuesday 29 August 2017

GST impact: KEG meets, decides to increase selling prices of newspapers

Kupwara

Kashmir Editors Guild (KEG) met here on Tuesday with President, Fayaz Ahmad Kaloo in the chair.

Besides other relevant issues, KEG held a threadbare discussion on the impact of GST over the printing costs of the newspapers.

It was felt that the new tax regime has resulted into a sudden surge in the printing costs including newsprint and other related materials. It has thus made it very difficult for the newspapers to survive with the present selling prices.

It was therefore unanimously decided that there was no other option left but to go for an increase in the selling prices of newspapers.



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