RS okays Telecom Bill opening doors for Starlink, OneWeb, others

RS okays Telecom Bill opening doors for Starlink, OneWeb, others

The Rajya Sabha yesterday passed the Telecommunications Bill 2023 through a voice vote, just a day after it was passed in the Lok Sabha. According to IANS, the new Bill allows spectrum allocation for satellite-based services without the need to participate in auctions — a move to favour companies such as OneWeb,


FM: GST rules on online gaming effective prospectively

FM: GST rules on online gaming effective prospectively

Finance Minister Nirmala Sitharaman yesterday said the valuation rules for levying 28 percent GST on entry-level bets on online gaming platforms are effective prospectively.

"The clarification on that (online gaming) was issued. 28 per cent is the tax and as to who it will apply to a...