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India to tax / levy license fees on ISPs that offer VPNs
- From: Suresh Ramasubramanian
- Date: Tue Nov 16 10:19:04 2004
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..
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suresh ramasubramanian [email protected] gpg # EDEDEFB9
manager, security & antispam operations, outblaze limited
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