2010 Budget Telecom Industry Expectations

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The Telecom industry of India is on the edge of becoming the second biggest telecom sector in the world with an overall compactness of telecommunications of upto 47.89%. In the year 2009, the industry attracted subscribers of over 562.21 million which was 3.5% greater than its previous year, as per Telecom Regulatory Authority of India (TRAI) report.

The Indian telecom industry registered annual revenues of over US$ 8.57 billion in 2009 triggered by the revival in incomes from landline and mobile services. By 2014, the industry is anticipated to surface as the highest element in the nation's GDP by contributing upto 15.5%.

Currently, the telecom industry is on an expansion spree and is adding 9-11 million cellular phone subscribers per month. With this pace the sector is estimated to cover more than half of the nation's population by 2012.

2010 Budget Telecom Industry Expectations are re-introduction of tax exemptions in context of system rollouts in rural districts and to telecom infrastructure service providers, tax relief to businesses undergoing reformatting mentioned in provisions under Section 80IA (12A) by the Finance Act, 2007, special additional duty (SAD) compensation, accessibility of Cenvat Credit in case of relocation of the business, tariffs of not upto 0.5-2% and explanation on tax reduction of entire spectrum charge.

ramachandran, City:-Cochin, Posted On :-2010-02-01 21:50:14
Not very radical one
Ramprasad, City:-Hyderabad, Posted On :-2010-02-03 14:56:22
- 1 lakh savings bucket should increase to 3 lakhs - Medical bills, LTA, HRA some how employees are spend money on this, it should get rid off from the proof submissions - Tax slabs should revise In General : Taxes should come down on items where common people uses.
Moulik Mishra, City:-Lucknow, Posted On :-2010-02-06 13:08:48
Good returns after saving.
ambasa, City:-, Posted On :-2010-02-06 21:12:54
Incom tax
Tushar kanta Rath, City:-Orissa, Posted On :-2010-02-07 15:04:46
I am a student of biotechnology in berhampur orissa now india face a sharply rise the price of daily need material main the food material like rabi corps especially the dal the price are very high and the price of the onion are rise very sharply so govt. at first control the price of the material.And sharply decrease the subsidy in the industry sector because now economy are come on line.
ishita, City:-Guwahati, Posted On :-2010-02-09 13:13:33
hike in standard deduncton
Srikanth, City:-Hyderabad, Posted On :-2010-02-09 15:23:50
1.Remove tax on diesel and petrol imposed by central and state government, and we can control inflation in the country. (This can be done if politicians start thinking about the country)
Ritu, City:-Delhi, Posted On :-2010-02-09 16:21:29
To meet the requirements.
manish soni, City:-Rajasthan, Posted On :-2010-02-11 13:55:08
it should be in favour of middle class people...
chaitanya v s, City:-Hyderabad, Posted On :-2010-02-11 18:56:51
hike on automobiles,consumer durables,liquor,tobacco,imported electronic goods,chemicals.
manoj, City:-Haryana, Posted On :-2010-02-11 19:43:47
the budget are coming in very bad in this time.
hitendra soni , City:-Chhattisgarh, Posted On :-2010-02-12 14:32:20
minimum tax limit must be 3 lacs. after then in 3 lacs to 5 lacs tax should be 10% & on 5 lacs to 8 lacs tax shuld be 20% .after then 8 lacs onword tax should be 30% .
yatish chaturvedi, City:-Lucknow, Posted On :-2010-02-13 21:17:21
stability of home loan interest

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