11:44 PM
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With the aim of benefiting the poorest of the poor who have to live on Rs 26 per day, the Indian government has decided to tax Internet and broadband users a little more in India.
Starting from the 1st of this month Indian internet users will pay 7 per cent more tax on their bills every month, with the increase in revenue share imposed on Internet Service Providers (ISPs). In addition, the levy will increase to 8 per cent from April 1st 2013.
India has one of the lowest Internet and broadband penetrations, compared with other developing countries. It has missed many of its own targets, including the one to reach 40 million broadband users by 2012: it hit barely 14 million connections this year.
So what if internet in India is of low speed, high cost and unpredictable quality and all of this is hurting the growth of our economy. Taxes have to be raised so that the government can meet its out of control expenses and reduce the fiscal deficit.
- Satyamev Jayate
Source
India has one of the lowest Internet and broadband penetrations, compared with other developing countries. It has missed many of its own targets, including the one to reach 40 million broadband users by 2012: it hit barely 14 million connections this year.
So what if internet in India is of low speed, high cost and unpredictable quality and all of this is hurting the growth of our economy. Taxes have to be raised so that the government can meet its out of control expenses and reduce the fiscal deficit.
- Satyamev Jayate
Source
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