[75560] in North American Network Operators' Group
India to tax / levy license fees on ISPs that offer VPNs
daemon@ATHENA.MIT.EDU (Suresh Ramasubramanian)
Tue Nov 16 10:16:29 2004
Date: Tue, 16 Nov 2004 20:45:34 +0530
From: Suresh Ramasubramanian <suresh@outblaze.com>
To: NANOG <NANOG@merit.edu>
Errors-To: owner-nanog-outgoing@merit.edu
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 2.2
million dollars at current exchange rates..
--
suresh ramasubramanian suresh@outblaze.com gpg # EDEDEFB9
manager, security & antispam operations, outblaze limited
