« Top Headlines » Open DEMAT Account in 24 hrs  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money  ITAT Cuts ?4.85 Lakh Penalty After ?14.02 Lakh Interest Income Was Missed in ITR  ITR filed under old regime, tax calculated under new regime; Delhi ITAT gives taxpayer relief  ITAT Delhi Quashes Tax Notice on AMU PG Student’s ?18.34 Lakh Stipend, Declares It Tax-Free Under Section 10(16)  Advance tax deadline September 15: What happens if you missed the previous instalment payment?  How much gold jewellery can you keep at home? Nagpur ITAT explains rules on ownership, gifts, taxability  ?5.31 lakh TDS refund allowed by ITAT Delhi: Why absence of an original ITR did not block the taxpayer  Missed the ITR Filing Deadline? How to Claim Your Income Tax Refund and Correct Mistakes Before December 31, 2026  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session) «  Errant manufacturers in for taxing times... Cabinet to look into amendment... » Telecom industry for tax holiday November, 21st 2006 The telecommunications industry will seek a 10-year tax holiday and an additional depreciation of 15 per cent for telecom equipment in the forthcoming Union Budget for 2007-08.    The industry will also ask for an exemption of interconnect usage charges from service tax and franchisees of telecom companies like public call office operators from tax deducted at source.    Rationalisation of licence fee to a uniform rate of 6 per cent of average gross revenue, which differs from place to place, increase in depreciation of broadband customer premises equipment to 60 per cent, an additional depreciation of 15 per cent on telecom equipment (20 per cent at present) are the sops that the industry is seeking from the ministry of finance.