News Update

RBI to issue fresh guidelines for banks to freeze suspected bank accounts being used for cyber crimesIsrael-Iran War: A close shave for Global Economy but for how long?I-T - If income from stock-in-trade are held as investments, then provisions of section 14A would apply to such income: ITATTRAI recommends on Infra Sharing, Spectrum Sharing & Spectrum LeasingI-T- Revisionary powers u/s 263 can't be exercised when AO has neither assumed facts incorrectly nor there is incorrect application of law : ITATTechnology Board okays funding of Dhruva Space's Solar Array ProjectI-T- Issue of interest is debatable issue on which two views are possible and AO accepted one of views for which PCIT cannot assume revisional jurisdiction: ITATHealth Secy visits Bilthoven Biologicals, discusses production of Polio VaccineI-T - Estimation of profit element from purchases should be done reasonably if assessee could not conclusively prove that purchases made are from parties as claimed, in absence of confirmations from them: ITATStudy finds Coca-Cola accounts for 11% of branded plastic pollution worldwideI-T- Triplex flats purchased are interconnected and can be considered as 'a residential unit'' as per definition of section 54F of Act : ITATDelhi HC says conspiracy against PM is a crime against StateI-T- AO omitted to probe issue of cash payments made over specified limit; revisionary power u/s 263 is rightly exercised: ITATBrazil makes new rules to streamline consumption taxesI-T-Power of revision unnecessarily exercised where AO had no scope to examine creditworthiness & genuineness of assessee's creditors: ITATBiden signs rules mandating airlines to give automatic refunds for delayed or cancelled flightsI-T-As per settled law, in absence of enabling powers, no disallowance can be made : ITATBYD trying to redefine luxury for new EV variantsGST - On the one hand, the order states registration is liable to be cancelled retrospectively and on the other hand mentions that there are no dues - Order modified: HCSC asks EC to submit more info on reliability of EVMsRight to Sleep - A Legal lullaby
 
Govt mulling over multi-pricing policy for Satellite Transponders

By TIOL News Service

NEW DELHI, JULY 24, 2014: BASED on the review and approval of INSAT Co-ordination Committee (ICC) and Space Commission, a revised policy guideline for allocation and pricing of transponders has been evolved and is being processed for Government approval. It envisages a rational classification structure for users such as Strategic, Government including Societal, not-for-profit PSUs and Commercial to form a basis for allocation and pricing of transponders.

At present, there are 12 INSAT/GSAT satellites in orbit, out of which 10 are communication satellites and 2 are meteorological satellites. In INSAT/GSAT satellite system there are 41 Government users and 59 non-Government users are utilizing the capacity in C band, Extended C Band and Ku band to the extent of 152 transponders (36 MHz equivalent each).

At present, a uniform pricing policy is implemented for all categories of users. However, a multi-pricing policy for transponders is under the consideration of the Government as INSAT systems transponders are utilized for non-profit purposes viz. Governmental, societal, strategic as well as for commercial purposes.

This information was given by Union Minister of State (Independent Charge) for Ministry of Science and Technology, M/o Earth Sciences, D/o Atomic Energy and D/o Space Dr. Jitendra Singh in reply to a written question in the Lok Saha yesterday.

 


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.