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Monday, March 17, 2025

Elon Musk's Starlink likely to face spectrum tax

Starlink faces a potential 3% spectrum tax on its adjusted gross revenue in India. This tax, alongside an 8% license fee, could increase service costs for the company. Discussions by Trai on pricing and taxes for satellite spectrum allocation are ongoing, with final recommendations expected soon.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HFYQ73E

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India-UK FTA clears steel hurdle; 85% of Indian exports shielded from British curbs

India has secured protection for 85% of its steel exports to the UK under the upcoming free trade agreement, with the remaining shipments co...