'internet services' becomes costly for consumers ::
The government on Saturday reduced the foreign direct investment limit in internet services to 74% from 100% earlier and introduced a 6% revenue share clause that may spell costlier internet services for consumers.
In its internet service policy unveiled on Saturday, it also introduced a higher entry fee of Rs 20 lakh for category A (national-level) licence
and
Rs 10 lakh for Category B (state-level) licence, against a flat fee of Re 1 earlier.
It has done away with the Category C (local-level) licence altogether.
News posted by
CCI News Desk
Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.
Recent News :
- CBDT Extends Tax Audit Due Date for AY 2026-27 to 21st October 2026; ITR Deadline Moved to 21st November
- Tamil Nadu BJP Professional Cell Seeks Tax Audit Due Date Extension to 31st October 2026
- Supriya Sule Urges FM Sitharaman to Extend Tax Audit Due Date for AY 2026-27
- MP High Court Petitions Challenge AY 2026-27 Tax Audit Deadline
- ICAI Delegation Meets CBDT Member Vatsala Jha, Raises Tax Audit Deadline Concerns
- ICAI Advises CAs to Complete Tax Audits and AGMs Early Amid Proposed Bank Strike
- India Moves to Shield UPI Users from New Merchant Fees
- BJP Pali District President Seeks Tax Audit Due Date Extension for AY 2026-27
- CBIC Appoints Common Adjudicating Authority for Tirupati Udyog Customs Matter
- Bombay HC Quashes Rs 79.7 Crore GST Demand on Karan Johar Firms, Says Films Are Not IT Software
Popular News
- Rajasthan HC Seeks CBDT Clarity on Tax Audit Due Date Extension 2026: Final Instructions on 29th September
- Supriya Sule Urges FM Sitharaman to Extend Tax Audit Due Date for AY 2026-27
- ICAI Delegation Meets CBDT Member Vatsala Jha, Raises Tax Audit Deadline Concerns
- Tax Audit Deadline 2026: Professional Bodies Seek Extension to 31st October
- BJP Pali District President Seeks Tax Audit Due Date Extension for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Browse by Category
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
