Govt may slash fixed-line broadband services’ license fee to Re 1 a year

Indian govt is considering a proposal to cut down license fee for fixed-line broadband services to households to Re 1 per year. This move comes in to boost cheaper access to internet services across the country. The estimated fee at the rate of 8% of the adjusted gross revenue is Rs 8.80 B per year. There will be no change for commercial users, business etc. Estimations are that govt will lose Rs 59.27 B.

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