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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: John Biddle who wrote (33034)	3/3/2003 7:16:10 AM
From: John Biddle	Read Replies (3) \| Respond to of 197254

WLL phones may come under one-by-six scheme thehindubusinessline.com NEW DELHI: The Government today indicated the one-by-six scheme for assessing income tax will be looked into to include WLL-based mobile phones. ``We will look into the whole gamut of the scheme'', the Finance Minister, Mr Jaswant Singh said replying to a query by a top executive of a leading telecom player on why WLL phones are not treated at par with other mobile phones. Currently, subscribers of mobile phones come under the scheme while the Government exempted fixed-line subscribers and WLL owners from the mandatory tax assessment. ``I would certainly like to have a mobile phone for which I won't come under the 1X6 scheme'', Singh quipped at a CII post-budget meeting, indicating that WLL-based phones may also be treated like other mobile phone and be part of the scheme. People having any of the six -- house, car, credit cards, club memberships, mobile phones and foreign travel -- come under the scheme for assessment of income tax. Bharti group Chairman, Mr Sunil Mittal said the cellular industry has asked the Government to remove the anomaly in roping in mobile phone owners into the scheme but exempting WLL services from it. - PTI