Calendar

Jul-2014
M T W T F S S
28 29 30 31 01 02 03
Economic Events
list Loans & Discounts Corp (YoY)
list AiG Performance of Manufacturing Index
Results
list Sanofi India | Tata Motors | Dr Reddy's Labs | Godrej Inds.
IPO
list Issue Opening : Vishal Fabrics
 

Budget Expectation 2013-14: Tata Communications

Sanjay Baweja/ 09:48 , Feb 27, 2013

The government is likely to be focused on containing fiscal deficit and we expect a measured, pro-people and growth oriented budget.

“The recent reform measures have rekindled business confidence. The government is likely to be focused on containing fiscal deficit and we expect a measured, pro-people and growth oriented budget.

 

Specifically talking about the telecom sector, some of the key expectations will include: 

  • Infrastructure status has been a long pending demand of the telecom sector. An infrastructure status will not only give it tax exemption but will also make it easier to borrow for telecom companies
  • The government should also look at the importance of providing connectivity to the remotest parts of the country. Given the low rural teledensity and widening urban-rural penetration gap, budget should incentivise provision of telecom services in rural areas
  • Rationalisation of Taxes and uniform tax structure.

Some of these will enable the telecom sector to continue to contribute in a major way to the dynamism of our economy.”


The author is Chief Financial Officer, Tata Communications.

 



Rate This Article Rate 1 Rate 2 Rate 3 Rate 4 Rate 5

Recent News Videos