INSUBCONTINENT EXCLUSIVE:
From price wars to consolidation, the country's telecom sector is witnessing high competition thanks to ever-growing demand and robust
While aggressive pricing of high speed data by some players has left no option for the others but to join hands, intense competition and
debt are among some of the common problems for many players in the sector
With the government due to present Interim Budget 2019 in Parliament on February 1, many analysts eye the key annual event for announcements
Association of India):Section 115JAALimitation of 15 years period should be removed to provide respite to companies to utilise their
reduction in corporate tax rate under the regular provisions of the Act.Section 197Amendment to rule 28AA to provide that AO will not
consider tax liabilities which have either been stayed by AO / appellate forums or for which adequate security is provided by the tax payer,
for the purpose of processing LDC application.Exemption from GST on spectrum payment, licence fees, usage chargeGiven the huge burden of
taxes and regulatory levies on telecom operators and considering the fragile state of their finances, special benefit should be provided to
telecom operators in GST by way of exemption on reverse charge for regulatory payments of LF, SUC and spectrum assigned under
Find latest news, updates and videos on Budget 2019, Budget expectations, tax and policy announcements here
Like us on Facebook or follow us on Twitter for more on Union Budget 2019.