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Government Study Suggests India Should Ease Tax On Telecom Firms Like In China
An internal study by the government revealed that Indian telecom firms are discriminated based on tax compared to Chinese peers.
02 Jul 2020, 08:38 AM IST
An internal study by the government revealed that Indian telecom companies, contributing about 6.5% to the country’s GDP, are discriminated based on tax compared to Chinese peers, according to a government official.Telecom companies in India are not allowed input tax credit on telecom towers, and refund of accumulated goods and services tax paid on spectrum charges, the official said quoting the study—the person spoke on the conditio...
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