Saturday, November 7, 2009

Airtel brings service tax operations under one roof

Telecom service provider Bharti Airtel Friday launched a centre where functions relating to human resource, supply chain, finance and service taxes would be undertaken under one roof.

The unit, Centre for Shared Services for Taxation, was inaugurated by Central Board of Excise and Customs chairman V. Sridhar.

"The shared services initiative is part of an overall transformation programme undertaken by us to improve the efficiency, speed and quality of service," said Bharti Airtel chief executive and joint managing director Manoj Kohli.

"The shared services will deliver all taxation compliances, and also prepare the company for the new GST (goods and services tax) regime which is expected in 2010," Kohli added.

Airtel also said its contribution to the exchequer on account of service tax was Rs.4,108 crore in 2008-09.
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