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India to tax / levy license fees on ISPs that offer VPNs

From: Suresh Ramasubramanian <suresh () outblaze com>
Date: Tue, 16 Nov 2004 20:45:34 +0530


http://www.india-gii.org/wiki/index.php/Position_Papers/VPN_Tax

From Www.india-gii.org

http://economictimes.indiatimes.com/articleshow/923746.cms DoT to dash hopes of virtual private network ISPs MANOJ 
GAIROLA
TIMES NEWS NETWORK[ MONDAY, NOVEMBER 15, 2004 11:58:11 PM] NEW DELHI: Standalone ISPs, including Satyam Infoway, HCL, Global Telesystems and Estel will be hit by the new policy that imposes an entry fee of Rs 10 crore and an annual revenue share of 8% on gross revenue of ISPs providing virtual private network (VPN) services.

A "crore" is 10 million, so this ridiculous "entry fee" is approx 2.2million dollars at current exchange rates..


--
suresh ramasubramanian suresh () outblaze com gpg # EDEDEFB9
manager, security & antispam operations, outblaze limited

Current thread:

India to tax / levy license fees on ISPs that offer VPNs Suresh Ramasubramanian (Nov 16)
- Re: India to tax / levy license fees on ISPs that offer VPNs Deepak Jain (Nov 16)
  - Re: India to tax / levy license fees on ISPs that offer VPNs Suresh Ramasubramanian (Nov 16)