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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.

 



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