TEMA seeks grant of infrastructure status to domestic manufacturing companies complying with PMA

Follow Us

With the budget round the corner, Telecom Equipment Manufacturers Association of India (TEMA) today demanded grant of infrastructure status to the domestic telecom equipment manufacturing companies complying with PMA (Preferential Manufacturing Access) provisions that will help the industry to take benefits of the incentives given to the infrastructure sector.

TEMA




It also proposed to extend Income Tax Act Section 35 AD benefits to domestic telecom equipment manufacturing companies which are complying with the PMA provisions, to encourage electronics and telecom equipment manufacturing in the country.

TEMA further said to introduce 5% cess on user of telecom services (service providers) to create a corpus for supporting R&D for technology development in telecom sector. In last year’s budget, the Government had levied duties on non-ITA products in the last Union Budget (FY 2014-15), where some of the telecom products have been brought under the duty regime.

There are many telecom /ICT products which are being imported into the country under ‘OTHERS’ category at zero duty. The products falling under this category and are outside the scope of original ITA list, may suitably be reviewed and may be brought under the duty regime of about 25%.

Reported By

Having over six years of experience in business journalism, Krishna has a knack for writing on telecom and IT. She believes that tryst with technology is the best thing that has ever happened to mankind. Krishna is a telecom analyst

Recent Comments

TheAndroidFreak :

Off Topic : Apple-designed 5G modem AI Sub -10GHZ 20Gbps A19 pro SOC chip: 7-core CPU?7-core GPU USB 3.2 20Gbps…

OnePlus 13 and Xiaomi 15 to Feature Qualcomm Snapdragon 8…

TheAndroidFreak :

Off Topic : Vivo X200 Pro Battery life.

OnePlus 13 and Xiaomi 15 to Feature Qualcomm Snapdragon 8…

abhijith :

No bsnl now gaining it’s momentum.. according to social media i saw people ported into bsnl feels they are struggling..…

Has BSNL Lost a Golden Opportunity

TheAndroidFreak :

Lava Blaze Duo 5G launched in India 6.67" FHD+ 3D Curved AMOLED 1.58"Secondary AMOLED display Dimensity 7025 64MP + 2MP…

OnePlus 13 and Xiaomi 15 to Feature Qualcomm Snapdragon 8…

Faraz :

They better cover atleast all these cities of those 17 circles, then only announce 5G. Else it will just piss…

BSNL Has Installed 62,201 4G Towers in India: Scindia

Load More
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments