The telecom industry would be looking forward for requisite announcements regarding the growth of telecom equipment manufacturing segment and the popularization of m-commerce. Relaxation of severe tax-regime would eternally top the sector's demand list.
The industry seeks a unified tax rate system, since it has to serve the dual taxes of Central and State-level, making the sector loose as much as 30 per cent of its revenues.
Also, the absence of transparent and precise policies along with complex tax structure hinder the dynamic mergers and acquisitions in the industry.
The telecom manufacturing industry too, is expecting the availability of cheap and easy credit to boost up production and expanding the scope of exports.
