Budget
Budget 2024: BSNL Budget Allocation the Most with Rs 82,916 Crore
Union Finance Minister Nirmala Sitharaman has proposed a budget allocation of ₹1.28 lakh crore for telecom projects and public sector firms under the Telecom Ministry, with a significant portion earmarked for state-owned BSNL, according to the Budget 2024-25 document. Out of the total proposed allocation, over ₹1 lakh crore is designated for BSNL and MTNL-related […]
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Budget 2024: Cost of 4G and 5G Network Rollouts Set to Rise with Customs Duty Increase
The upcoming rollouts of 4G and 5G networks are expected to become more expensive, following Finance Minister Nirmala Sitharaman’s proposal to increase the basic customs duty (BCD) on printed circuit board assembly (PCBA) from 10% to 15% in the Budget 2024-25. PCBAs are a crucial component in various telecom equipment, including mobile base stations, and […]
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Union Budget 2024: Govt Focus on Boosting 5G & 6G Development
The upcoming Union Budget is expected to include initiatives aimed at boosting India’s 5G ecosystem and allocating funds for further research and development in 6G, according to officials from the Department of Telecommunications. Officials stated that 5G infrastructure will serve as the foundation for developing 6G technology, which promises a new spectrum of solutions. As […]
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Telecom Infrastructure Providers Urge Simplification of GST Regime in Budget 2024
The Digital Infrastructure Providers Association (Dipa) has urged for a flexible regulatory and policy framework, including favorable goods and services tax (GST) norms, leading up to the Union Budget 2024. TR Dua, Director-General of Dipa, emphasized the need for the budget to delineate supportive policies and simplified regulations to foster the growth of the telecom […]
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COAI Calls for Tax Reforms and Duty Exemptions in Telecom Budget Proposal 2024-25
The Cellular Operators Association of India (COAI) has submitted recommendations for the Union Budget 2024-25 to the Ministry of Finance, Government of India, focusing on improving the financial health of the telecom industry. The key requests made by the telecom body for the budget are as follows: In terms of Regulatory Levies, COAI proposes the […]
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