Telcos seek cut in levies, other relief measures
Updated At : 11:53 AM Aug 20, 2021 IST
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New Delhi, August 19
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The Cellular Operators’ Association of India (COAI) has urged the government for financial reforms in the telecom sector, making a strong pitch for cuts in levies, doubling the tenure of auctioned radio wave holdings, along with a 7-10-year moratorium for spectrum payments, to address viability concerns.
It has highlighted that telecom remains one of the most heavily taxed sectors, and added the government needs to recognise that the current revenue sharing regime of around 32% of revenue outgo as taxes and levies is “unsustainable”. — PTI
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