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TELECOM BUDGET 2021
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.- Union Budget: Ethernet switch duty cut to recharge telcos' data centre, broadband plansReliance Jio, Adani Group, Google, Facebook, and Microsoft may benefit from reduced costs in setting up data centres and broadband expansio...
- PLI scheme allocation hiked by 33% in Budget 2024BUDGET ANNOUNCEMENT: The Narendra Modi government has increased the budget for the Production-Linked Incentive (PLI) scheme to Rs 6,200 cro...
- BSNL to use Rs 53,000 cr for 4G, 5G roll out, revamping landlines: Ashwini VaishnawThe government has revised the revenue estimate to Rs 68,784 crore for the current fiscal from the earlier projection of Rs 52,806 crore in...
- Govt raises non-tax revenue collection target from telecom by 30% to Rs 89,469 croreThe government has revised the revenue estimate to Rs 68,784 crore for the current fiscal from earlier projection of Rs 52,806 crore in the...
- Budget 2023: Telcos want licence fee cut, input-tax credit refund"This (recommendations) will leave more funds with TSPs (telecom service providers) for expansion, increase liquidity, facilitate investmen...
- Reliance Industry added 2.32 lakh jobs in FY22, Retail segment biggest employer: Mukesh Ambani"RIL has set higher benchmarks of serving the community and also created business and societal value on unparalleled scale. RIL’s exports g...
- DoT raises telecom PLI incentive by 1%, adds more equipment and extends scheme by one yearDoT has also amended the existing PLI scheme to include design-led manufacturing based on the proposal in the union budget 2022. DoT has al...
- Govt expects near 27% fall in revenue from telecom sector in FY23; FY22 revenue well above Budget estimatesThe estimated fall in revenue mop-up in FY23 comes after the government’s takings in FY22 at nearly Rs 71,960 crore, were much higher than ...
- Massive data usage growth in India: Economic surveyDetailing the type of internet connections, the document which precedes the union budget each year said, “while 67.2 percent of internet su...
- No major announcement likely for telecom sector in Budget 2022The wish list so far includes the government bringing down licence fees from 3 per cent to 1 per cent and reducing spectrum usage charge (S...
- Telecom sector wants Budget 2022 to help usher in next phase of growthIndustry wants customs duty exemption on critical telecom equipment that would help service providers lay down more fibre and improve conne...
- DoT mops up Rs 69,179 crore as non-tax revenue dues from telecom companiesMore than half of the payments have come from Reliance Jio Infocomm, which deposited over Rs 41,000 crore with the government as payment fo...
- Import duty hike on electronic components to raise production cost in India: EricssonSwedish telecom gear maker Ericsson on Wednesday said the hike in import duty on electronic components will lead to a rise in production co...
- How the PLI Scheme for telecom is a key factor for Digital IndiaIndia is the second-largest telecommunication market and with telecom services providers moving towards 5G technology and new-age connected...
- COAI says it’s a 'bit disappointed' with Budget“... we are a bit disappointed that concerns of the telecom sector, which is the backbone of digital India, remained unaddressed,” said Cel...
- Government allocates Rs 14,200 crore for telecom infra roll out in 2021-22The government had approved Rs 24,664 crore for an advanced communications network for defence services in lieu of their vacating spectrum ...
- Govt may tweak customs duties on host of goods in Budget 2021"Expensive raw materials impact India's price competitiveness in the international market. The country's exports of furniture is very low (...
- View: The latest round of stimulus is welcome but more needs to be done to revive growthWith a pent-up demand in the system, it’s only appropriate that the package focuses largely on the supply side of the economy. If some of t...
- Government not expecting substantial gain from AGR dues in 2020-21Finance Minister Nirmala Sitharaman, who provisioned Rs 1.3 lakh crore in receipts from telecom licence fee and spectrum usage charge for t...
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