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Budget Expectation 2013-14: Tata Communications

India Infoline News Service | Mumbai | February 27, 2013 09:49 IST

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 thelow 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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