Let us see what the union budget 2010 has in store for the Telecom Sector. Telcos were looking at a rationalisation of tax and levies, uniform license fee of one per cent of the AGR. Telcos wanted a re-look at direct tax, tax holidays and section 81 (A), a re-look at licenses and indirect taxes. As far as infrastructure products are concerned, oeprators were hoping for a boost in telecom infrastructure and wanted telecom to be included as part of infrastructure, so that all tax holidays applicable to infrastructure are applicable to telecom. Telcos wanted FM to remove bank guarantees for telecom...click here to read ahead
