Union Budget 0f India - IT & Telecommunication Sector
IT & Telecommunication
8 per cent excise duty imposed on packaged software sold over the counter. The customised software and software packages downloaded from the Internet, however, will be exempt from this levy.
Full exemption from Excise Duty on the prices of DVD drives, flash drives and combo drives.
Re-imposition of excise duty at 12 per cent on computers. Duty will be the eligible for full input tax credit.
16 percent excise duty of 16 per cent imposed on set top boxes.
Reduction of customs duty from 15 per cent to nil.
The ministers bring a bill in the Parliament to amend the Indian Telegraph Act to extend financial support for cellular telephony in the rural areas.
The telephone density touched 11.75 per hundred people at the end of January, as against a meagre 5 per hundred just a few years back.
A national e-governance plan to be launched to give a boost to the computer hardware industry. · 25 projects in mission mode to be launched in 2006-07.
A number of services to be brought online, in a web-based mode, including applications for house sites, ration cards, filing of police complaint and copies of land records.
A new policy to be introduced shortly to make India a preferred destination for the manufacture of semi-conductors and other high-tech IT products, including manufacturing of semi-conductors.
