Telecom Industry Expectations
Mr. Debasis Chatterji, CEO, Netxcell Limited says -
Mobile industry pays around 20-25% direct and indirect taxes the load for which is ultimately passed on to the subscriber but if this tax is reduced, it would form a catalytic factor for the industry which currently is growing at the rate of 40-45% . If we want to achieve another 10% growth the government should cut the taxes for the industry which will help in increasing the subscriber base and eventually generating more revenues. We would also expect the government to distinguish profitable PSUs to generate additional cash which will reduce the fiscal deficit.
The Indian telecom market has emerged as one of the fastest growing telecom markets in the world. The telecom industry has also fortunately not been adversely impacted by the global meltdown however to keep the momentum going strong for this sector, we do hope for the new budget to liberate the telecom industry in India from being subjected to multifarious taxes / levies.
The telecom success story is essentially due to the much emphasized mantra of affordability with quality. The telecom industry in
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