15% service tax on spectrum allocation and one-time spectrum payment increases cost of services: Indian telcos
India’s GSM telecom operators, in their Budget recommendations, said that allocation of spectrum and one-time spectrum payment should not be subject to service tax of 15%. The telcos, through their industry body COAI, said that the tax increases the cost of providing telecom services due to credit blockage/ deferral, which has a direct and an adverse impact on common man. The industry body said that "Assignment of spectrum, a scarce... Read More
