Kamis, 01 Maret 2007

Indian Telecom sector to get a unified tax structure?

Finance Minister P Chidambaram has asked Department of Telecom to commission a study for working out a unified tax structure for the sector. At present, total levies in the telecom sector, including the annual revenue share that the companies pay to the government stand between 28-30 per cent, which operators feel is very high. The annual revenue share ranges between 6-10 per cent of their revenues depending upon the circle where they operate.

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