Directory  |   India News  |   Shopping  |   Travel  |   Automobile  |   Celebrities






Upcoming Occasion

Indian Budget 2006-07 on IT & Telecom Sector


Union Budget 0f India - IT & Telecommunication Sector

February 28, 2006
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.


Surfindia Network :  India Fact Profile  |   Web Directory  |   India News Online  |   India Finance  |   Indian Automobile  |   Indian Celebrities  |  
Travel & Tourism  |  Trade Fairs in India  |   Lowest Airfares  |   Indian Recipes  |   Festivals of India  |   Astrology  |   Marriages in India  |   Indian Sports
Report Abuse  |   Submit Site  |   Update Listing  |   Broken Link  |   Terms & Conditions  |   Disclaimer  |  Media Section  |  Contact Us
Copyright © 2008 SurfIndia (A premier directory of India). All Rights Reserved.