Time clicking and Budget'06 on its way for 28th feb.
My expectation for telecom is making flat 6% tax on revenues as compared to variable tax structure in different domains
Second, excise duty on handsets to be further reduced to boost teledensity. It will also enhance related economies too.
As for vendor, definatety they will be happy to see differential tax rates abolished.There is no custom duty on import but constitute additional tax burden like excise.
Service Tax is definately a welcome but finance minister wil give a boost to growth if 10% + 2% edu cess can be ceased in telecom.
Railway Budget has come as happy news and same is expected for Finance Bill
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