iWorld
DoT in favour of 10 per cent custom duty on telecom gear
MUMBAI: Following the uproar after the union budget proposed imposing 10 per cent import duty on telecom products not covered under Information Technology Agreement (ITA) 1 of WTO to boost domestic production of telecom products, media reports suggest that the Department of Telecommunications (DoT) wants the Finance Ministry to retain the 10 per cent customs duty on specified telecom products as proposed in the budget.
According to a report in Economic Times, a letter written by the DoT to the revenue secretary said, “Imposition of customs duty on specified telecom products will create a level playing field for domestic manufacturers who suffer severe disability due to poor infrastructure and inverted duty.”
India is a signatory of ITA 1 as a member of World Trade Organisation. Under the pact, member countries should allow duty free import of products falling under eight categories covering telecom, computers and semiconductors like mobile phones and electronic chips.
The telecom products mostly fall in the category of 2G, 3G as well as the 4G equipment, including switches and broadband equipment. These products are outside the list of about 220 electronic items on which India has a zero duty commitment under the World Trade Organisation’s Information Technology Agreement (ITA-1).
The Government, also, recently declared set top boxes as a part of telecom network. The move exempts STBs from various taxes and duties, bringing down prices, which the government hopes to pass on to consumers. In the first and second phase of cable digitisation, imported STBs accounted for about 95 per cent market share.
The letter also added that “India is under no obligation to allow duty free imports of items not covered in ITA-1.”
iWorld
Subedaar puts Indian original cinema on the global map with record-breaking Prime Video debut
MUMBAI: Prime Video has a runaway hit on its hands. Subedaar, the gritty action drama starring Anil Kapoor, has stormed to become the most-watched Indian original movie on the platform in its opening weekend, cracking the Top 10 across 31 countries and landing in 91 per cent of India’s pin codes within days of its March 5 premiere.
The film, a visceral, emotionally-charged story of a retired soldier, Subedaar Arjun Maurya, wrestling with civilian life amid crime and corruption, has struck a nerve. Directed by Suresh Triveni and co-starring Radhikka Madan, Mona Singh, Saurabh Shukla, Aditya Rawal, Faisal Malik, and Khushboo Sundar, the film is already being hailed as a showcase for what Indian original storytelling can achieve on the world stage.
“Subedaar’s success is a reflection of the growing scale and global resonance of Indian storytelling,” said Nikhil Madhok, director and head of originals at Prime Video India. “The film’s emotional narrative, its rooted portrayal of a soldier confronting his toughest battles beyond the battlefield, has struck a chord. Anil Kapoor delivers an acting masterclass, while Suresh Triveni’s solid direction and great performances from the ensemble cast have resulted in love and appreciation from customers across the world.”
Kapoor, 62, has been here before, but rarely at this altitude. Written by Triveni and Prajwal Chandrashekar, with dialogues by Triveni, Saurabh Dwivedi, and Chandrashekar, the film is a production by Opening Image Films in association with Anil Kapoor Film & Communication Network (AKFCN), produced by Vikram Malhotra, Kapoor, and Triveni.
Subedaar streams exclusively on Prime Video in Hindi, Tamil, and Telugu across India, and in over 240 countries and territories worldwide.
For Prime Video, the numbers tell the real story: one weekend, one film, a global footprint, and a very loud signal that Indian original cinema is no longer just travelling well. It’s arriving.
