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Sunday, June 16, 2013

I-T dept initiates Vodafone conciliation process to resolve tax dispute

Vodafone had sought conciliation under UN Commission on International Trade Law, but cabinet agreed to the conciliation process only under Indian laws.
DoT has slapped 100-crore fine on Vodafone India for providing Subscriber Local Dialling (SLD) services in two regions between 2003 and 2005.

DoT panel for completely opening up telecom sector to FDI 
A DoT panel has suggested completely opening up the telecom sector to FDI, a move which is expected to bring in fresh funds into the industry