Thursday, July 9, 2009

'Indian telecommunication sector is a very competitive and fast-growing sector in the world'

Telecom wants positive tone

As the telecom sector has been growing at a fast pace and has significantly contributed to the economic growth and development of the country, it should be given equal importance and should be treated on a par with other infrastructure sectors that enjoy 100 per cent exemption of the taxable profits for the full term of 10 years in succession under section 80IA, argue Jayesh Kariya and Vineeta Agarwal, Mumbai-based chartered accountants.

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