Friday, August 6

India Broadband Policy TO be Announced Next Week

Communication and IT Ministry has announced that they will be realeasing the Broadband Policy for India in the next week which will result increase in the Internet usage through tax sops and incentives. The numbers of initiatives has been suggested like :

* a five-year service tax holiday for the ISPs,

* a waiver of the entertainment tax on broadband subscription,

* removal of anti-dumping duty on recycled personal computers imported into India and

* 50 per cent reduction in income-tax for Web-hosting services for five years

By this policy is TRAI is expecting 20 million broadband and 40 million internet subscribers by 2010, which translate into penetration levels of 1.7 per cent and 3.4 per cent respectively.