The renewed commitment towards 5 per cent allocation of Universal Service Obligation Fund (\u2018USOF\u2019) and the BharatNet project will go a long way in bridging the digital divide. These initiatives will attempt to bring the telecom revolution at the doorstep of the lowest common denominator. The focus on accessible online education through augmentation of digital technologies and proposed launch of a digital ecosystem for Skilling and Livelihood (DESH-Stack e-portal) is expected to be steered by this sector.

For the population seeking high-end smartphones, laptops, and high-speed internet, the 5G spectrum auction will go ahead as planned, followed by the launch of the 5G services in FY\u2019 22-23. The Government also announced that measures will be taken to bolster PLI Scheme for 5G network equipment manufacture. These measures will strengthen the \u2018Make in India\u2019 and \u2018AatmaNirbhar Bharat\u2019 initiatives and make the sector globally competitive.

From a tax perspective, the government continues on its path of stability, certainty, transparency and building trust as outlined in the FM\u2019s speech.

On Direct tax, the Government\u2019s resistance to play with the personal and corporate tax rates is a sign of certainty and stability. The decision to extend the cut-off date for newly set up manufacturing by a year will help India remain top of mind for global telecom operators who continue to look at supply chain diversification across regions. This coupled with the reduced headline rate of 15% can act as a major incentive for the PLI scheme for the design led manufacturing. In addition, the one-year extension of tax holiday to start ups will likely see the emergence of new players, considering the wide proliferation of start-ups in the 5G space.

On Indirect Tax front, the reduction in the Basic Customs Duty (\u2018BCD\u2019) on a range of products such as camera lenses, transformers for use in chargers\/ adapters, specified goods used for paging services, parts used in the manufacture of populated printed circuit boards of specified goods etc. and telephone handsets, will reinforce the Government\u2019s commitment to make telecom accessible to the bottom of the pyramid

The increase in timeline for claiming input tax credit under Goods & Services Tax (GST) from September to 30 November of the subsequent FY is seen as a welcome move. Budget also proposes to restrict the validity of the Advance Ruling under Customs Act to three years when there has been no change in facts or law. The purpose of this move remains unclear as this will require taxpayers to obtain a fresh ruling where the original one has no reason to be invalidated.

Amongst the emerging areas, the inclusion of Data Centers in the harmonized list of infrastructures is a welcome move, one that will help the segment become one of the frontrunners in India\u2019s economic growth story. This will likely attract global Data Center operators, managed services providers, telecom operators and strategic investors keen on playing a role in building India\u2019s digital infrastructure. The roll out of 5G services is expected to further boost the demand for data center services, thereby creating a win-win scenario for all stakeholders.

While there are several positives, some of the unaddressed issues include applicability of Equalization Levy to cross-border telecom services, treatment of expenditure incurred prior to the spectrum being put to use in a deferred payment scenario, resolution on the long-standing litigation issue around the applicability of 5% TDS on Recharge Vouchers, amongst others.

In summary, Budget 2022 has laid out a vision for India @100, reflective of our resilient economy depicted by quick rebound and high projected growth rate. It recognizes the importance of the telecom sector and banks on it to uphold the surge in rising above the pandemic. It aims at bridging the digital divide and promoting digital economy led by technology enabled development thereby providing the sector with immense opportunities to grow.","blog_img":"","featured":0,"status":"Y","seo_title":"Budget 2022-23: Telecom gets a 'top up' for fueling India's digital ambition","seo_url":"budget-2022-23-telecom-gets-a-top-up-for-fueling-india-s-digital-ambition","cms_link":"budget-2022-23-telecom-gets-a-top-up-for-fueling-india-s-digital-ambition\/5216","updated_at":"2022-02-03 15:15:10","time":"2022-02-03 15:15:10","authors":[{"author_name":"Naveen Aggarwal","author_description":"Tax leader - Telecom, KPMG in India","author_designation":"Tax leader - Telecom","author_company":"KPMG in India","profile_pic":"retail_files\/author_1610542678_79703.jpg"}],"tags":["Policy","Union Budget 2022-23","Budget 2022","telecom sector","5G spectrum auction","5G"],"url_seo":"budget-2022-23-telecom-gets-a-top-up-for-fueling-india-s-digital-ambition"}">

    预算2022 - 23:电信获得“充值”加剧了印度数字的野心

    “人口寻求高端智能手机,笔记本电脑,和高速互联网,5 g频谱拍卖将如期举行,随后发射5 g服务在财政年度的崭新时代。政府还宣布,将采取措施提振PLI方案5 g网络设备制造。这些措施将加强“让印度”和“AatmaNirbhar巴拉特”行动,使部门的全球竞争力,”阿格说。

    Naveen Aggarwal
    • Naveen Aggarwal,在印度税收领袖——电信、毕马威,
    • 更新2022年2月3日下午03:15坚持
    为全球第二大电信市场、预算2022 - 23提供了完美的助推器——一个不仅刺激投资,还重点从加快转变覆盖率和语音应用程序影响十亿+印第安人。的首要目的,当然,是推动该行业从一个服务提供者一个世界级的服务的推动者。

    再次承诺向5%的普遍服务义务分配基金(“USOF”)和BharatNet项目将走很长的路在弥合数字鸿沟。这些行动将试图将电信革命家门口的最小公分母。关注访问在线教育提出通过增强数字技术和发射数字生态系统对斯基林和生计(DESH-Stack e-portal)预计将由这个部门。

    人口寻求高端智能手机,笔记本电脑,和高速互联网5 g频谱拍卖将如期举行,随后发射的5克服务在财政年度的崭新时代。政府还宣布,将采取措施提振PLI方案5 g网络设备制造。这些措施将加强“让印度”和“AatmaNirbhar巴拉特”行动,使部门的全球竞争力。

    从税收的角度来看,政府继续其路径的稳定性、确定性、透明度和建立信任调频的讲话中概述。

    直接税收,政府的耐玩的个人和企业的税率是确定性和稳定性。决定延长截止日期为新设立的制造了一年将帮助印度为全球电信运营商保持头脑的人继续看供应链跨地区多元化。这加上减少总体15%的速度可以作为主要动力照明灯具设计了生产计划。此外,税收假期开始的为期一年的扩展ups可能会看到新出现的球员,考虑到初创企业的广泛扩散的5 g的空间。

    在间接税收方面,减少基本关税(BCD)在一系列产品,如相机镜头,变压器用于充电器/适配器,指定商品用于分页服务,部分用于制造填充指定产品的印刷电路板等和电话手机,加强政府承诺会让电信访问金字塔的底部

    时间表声称进项税信贷的增加在商品和服务税(GST)从9月到11月30日之后的财政年度被看作是一个受欢迎的举动。预算限制的有效性也提出了海关采取行动推进执政三年当没有改变的事实或法律。此举的目的尚不清楚,这就要求纳税人获得新鲜的裁决,原来没有理由无效。

    在新兴领域,包含数据中心的统一的基础设施是一个受欢迎的举动,能让段成为行业领跑者之一印度的经济增长的故事。这可能会吸引全球数据中心运营商,托管服务提供商、电信运营商和战略投资者热衷于扮演一个角色在印度数字基础设施建设。5 g服务的推出,将进一步提高对数据中心服务的需求,从而为所有利益相关者创造一个双赢的情形。

    虽然有几个优点,一些悬而未决的问题包括均衡税跨境电信服务的适用性、治疗费用前光谱被投入使用在延期付款的情况下,解决长期存在的诉讼问题的适用性充电TDS 5%券,在别人。

    总之,2022年的预算已经制定了印度@100的愿景,反思我们的弹性经济中迅速反弹,预计增长率高。认识到的重要性电信部门和银行坚持超过大流行的激增。它旨在消除数字鸿沟,促进数字经济由技术使发展从而成长为该行业提供巨大的机会。

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    • 通过Naveen Aggarwal,在印度税收领袖——电信、毕马威
    • 更新2022年2月3日下午03:15坚持