The Copyright Amendment Bill which will help artists, professionals and content creators to protect their work, has been passed by the Lok Sabha. The Bill will bring the Indian Copyright laws in conformity with global norms. The bill also seeks to remove operational difficulties and address newer issues related to the digital world.
The bill was passed by the Rajya Sabha on 17th May 2012. The bill tackles seven broad areas: right of author and music composer, right to visually impaired, extending compulsory regime to unpublished work and imposition of punitive action, amongst others.
The bill makes it mandatory for broadcasters - both radio and television - to pay royalty to the owners of the copyright each time a work of art is broadcast. It bans persons from bringing out cover versions of any literary, dramatic or musical work for five years from the first recording of the original creation.
Refund is an integral part of Goods and Service Tax law since it is the government reimbursement of taxes to a taxpayer. Thus, the taxpayer as well as the refund authorities have to be fully acquai More
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