Fee cuts, tax relief to boost 5G growth, ET LegalWorld
India’s telecom sector, bolstered by its expanding digital infrastructure and the rollout of 5G networks, recorded $39.32 billion in foreign direct investment (FDI) between April 2000 and March 2024. This surge in investment highlights the nation’s growing prominence as a global telecom hub. Ranked second in the world for mobile broadband traffic and internet bandwidth, […]
GST Council sets up GoM on reduction in GST on health insurance; cuts rate on cancer drugs, ET LegalWorld
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens. Briefing reporters on the outcome of the 54th GST Council meeting, Sitharaman said it has decided to have […]