Telecom Industry taxed highest in India at 58 Percent

Telecom Industry taxed highest in India at 58 Percent

The government’s tax on the Indian telecom industry is the highest in the world at 58 per cent, so it is imperative to reduce it to invest in technology to generate operational profitability and improve service quality, said a senior official of Vodafone Idea, who is in debt. Speaking at the ‘India Mobile Congress’ held … Read more

100% FDI in Telecom sector, Once BJP was against it

100% FDI in Telecom sector, Once BJP was against it

Ground Report | New Delhi: 100% FDI in Telecom sector; The government on Wednesday announced major reforms in the telecom sector. Under this, with the approval of the relief package for the telecom sector, 100 percent foreign direct investment (FDI) has been allowed through the automatic route. 100% FDI in Telecom sector Briefing reporters about … Read more

TRAI blocks Airtel and Vodafone Idea’s premium plans

Trai AIrtel Vodafone

The Telecom Regulatory Authority of India (TRAI) has blocked the premium plans of Airtel and Vodafone Idea, followed by a letter from Reliance Jio. On 7 July, Reliance wrote a letter to TRAI citing the premium plans offered by Bharti Airtel Ltd and Vodafone Idea Ltd as “discriminatory.” Four days later, on 11 July, the … Read more