• Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
    • Home – Layout 6
  • News
  • Entertainment
  • Lifestyle
  • E-Paper
  • Videos
  • E-Paper
  • Netflix’s Wild Wild Punjab takes Chandigarh by Storm
  • Indiaepost
indiaepost
ADVERTISEMENT
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
    • Home – Layout 6
  • News
    • All
    • Business
    • Chandigarh
    • Dehradun
    • Haryana
    • Politics
    • Punjab
    • Science
    • World

    Haryana celebrates GST Day

    Fortis Mohali Leads in Advanced Angioplasty for High-Risk Elderly Cardiac Patients

    Fortis Mohali Leads in Advanced Angioplasty for High-Risk Elderly Cardiac Patients

    Preserving and beautify the heritage of Yadavendra Garden in Pinjore – Chief Minister

    Tehsildar Bhavnesh Kumar Suspended with Immediate Effect

    उत्तराखण्ड सूचना कर्मचारी संघ की नई कार्यकारिणी का हुआ शपथ ग्रहण

    बाढ़ से निपटने के लिए जनपद पूरी तरह तैयार

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports

    Suhani Chandani Raatein Hame Sone Nahi Deti, Sang my Manoj Kumar

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    Heroes of the Storm Global Championship 2017 starts tomorrow, here’s what you need to know

    Harnessing the power of VR with Power Rangers and Snapdragon 835

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel

    Regular medical follow-up coupled with healthy lifestyle might help prevent second cardiac arrest by 45 per cent, says Dr RK Jaswal

    Shooting More than 40 Years of New York’s Halloween Parade

    Heroes of the Storm Global Championship 2017 starts tomorrow, here’s what you need to know

    Why Millennials Need to Save Twice as Much as Boomers Did

    Doctors take inspiration from online dating to build organ transplant AI

    How couples can solve lighting disagreements for good

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • E-Paper
  • Videos
  • E-Paper
  • Netflix’s Wild Wild Punjab takes Chandigarh by Storm
  • Indiaepost
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
    • Home – Layout 6
  • News
    • All
    • Business
    • Chandigarh
    • Dehradun
    • Haryana
    • Politics
    • Punjab
    • Science
    • World

    Haryana celebrates GST Day

    Fortis Mohali Leads in Advanced Angioplasty for High-Risk Elderly Cardiac Patients

    Fortis Mohali Leads in Advanced Angioplasty for High-Risk Elderly Cardiac Patients

    Preserving and beautify the heritage of Yadavendra Garden in Pinjore – Chief Minister

    Tehsildar Bhavnesh Kumar Suspended with Immediate Effect

    उत्तराखण्ड सूचना कर्मचारी संघ की नई कार्यकारिणी का हुआ शपथ ग्रहण

    बाढ़ से निपटने के लिए जनपद पूरी तरह तैयार

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports

    Suhani Chandani Raatein Hame Sone Nahi Deti, Sang my Manoj Kumar

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    Heroes of the Storm Global Championship 2017 starts tomorrow, here’s what you need to know

    Harnessing the power of VR with Power Rangers and Snapdragon 835

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel

    Regular medical follow-up coupled with healthy lifestyle might help prevent second cardiac arrest by 45 per cent, says Dr RK Jaswal

    Shooting More than 40 Years of New York’s Halloween Parade

    Heroes of the Storm Global Championship 2017 starts tomorrow, here’s what you need to know

    Why Millennials Need to Save Twice as Much as Boomers Did

    Doctors take inspiration from online dating to build organ transplant AI

    How couples can solve lighting disagreements for good

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • E-Paper
  • Videos
  • E-Paper
  • Netflix’s Wild Wild Punjab takes Chandigarh by Storm
  • Indiaepost
No Result
View All Result
indiaepost
No Result
View All Result
ADVERTISEMENT
Home Chandigarh

COAI urges Centre to reduce tax burden on telcos in Union Budget

admin by admin
July 10, 2024
in Chandigarh
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

The Indian telecom sector will get a boost if the Centre further reduces the tax burden in the upcoming budget to help enhance the financial well-being of the sector, the Cellular Operators Association of India (COAI) said on Wednesday.

ADVERTISEMENT

In its recommendations on behalf of the telecom industry, the COAI said considering the huge capital that telecom service providers (TSPs) have to invest in the current scenario, especially for the deployment of 5G, the Universal Service Obligation Fund (USOF) levy should be abolished.

Alternatively, the government may consider the suspension of the USO contribution of 5 per cent of adjusted gross revenue (AGR) till the existing USO corpus of approximately Rs 80,000 crore is exhausted, the industry body noted.

Advertisement. Scroll to continue reading.

“The telecom industry plays a pivotal role in this transition providing affordable connectivity and inclusivity. Thus, reducing the TSPs’ levy burden and facilitating investment opportunities are not just an economic necessity but a strategic investment for the country’s future,” said Lt Gen Dr S.P. Kochhar, Director General, COAI.

ADVERTISEMENT

COAI also recommended that the license fee be reduced from 3 per cent to 1 per cent, so that it just covers the administrative costs by the Department of Telecommunication/government, thereby relieving the TSPs from additional financial burden.

ADVERTISEMENT

“The industry is also concerned over the definition of gross revenue (GR). The definition of GR be made precise, stipulating that the revenue from activities for which no license is required should not be a part of GR,” said the COAI.

COAI also urged the government to introduce a special regime for the telecom operators under Section 72 of the Income Tax Act, 1961 wherein the business losses can be carried forward and set off for 16 assessment years from the existing eight years.

The apex telecom industry body also requested the finance ministry to exempt service tax on the additional AGR liability arising from the recent Supreme Court judgment.

Advertisement. Scroll to continue reading.

Specifically, relief has been requested for the exemption from Service Tax payment for the period from April 2016 to June 2017, and on various services issued in November 2018.

The industry body also recommended that the customs duty be reduced to zero and then gradually increased depending on the creation of an ecosystem for manufacturing telecom gear in India.

COAI has also requested that the government exempt GST on license fees, spectrum usage charges and spectrum acquisition fees to provide much-needed relief to the sector. AGENCIES

Related

ADVERTISEMENT
Previous Post

Demand for electric buses to remain robust in India in FY25 amid govt push

Next Post

64 pc of Indian firms observed enhanced innovative work with GenAI adoption: Report

admin

admin

Next Post

64 pc of Indian firms observed enhanced innovative work with GenAI adoption: Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 87.1k Followers
  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

HIL Limited is now BirlaNu Limited

April 11, 2025

Haryana amends Haryana Chowkidara (Watchman) Rules, 2013

December 14, 2022

Apple Intelligence: AI with robust privacy coming soon on your devices

June 29, 2024

Global robotics workforce to grow over 10 pc by 2032: Report

August 5, 2024

Hello world!

1

The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

0

Shadow Tactics: Blades of the Shogun Review

0

macOS Sierra review: Mac users get a modest update this year

0

Citizens Join Hands in Park Rallies Across Haryana to Improve Sex Ratio

July 1, 2025

Sunflower procurement date extended by three days, Now till July 3

July 1, 2025

Haryana Government increases shagun amount under Mukhyamantri Vivah Shagun Yojana

July 1, 2025

Government aims to increase MBBS seats by over 3,400 by 2029- Chief Minister

July 1, 2025

Recent News

Citizens Join Hands in Park Rallies Across Haryana to Improve Sex Ratio

July 1, 2025

Sunflower procurement date extended by three days, Now till July 3

July 1, 2025

Haryana Government increases shagun amount under Mukhyamantri Vivah Shagun Yojana

July 1, 2025

Government aims to increase MBBS seats by over 3,400 by 2029- Chief Minister

July 1, 2025
ADVERTISEMENT
indiaepost

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Apps
  • Business
  • Chandigarh
  • Chandigarh
  • Dehradun
  • Entertainment
  • Fashion
  • Food
  • Gadget
  • Gaming
  • Haryana
  • Haryana
  • Health
  • Lifestyle
  • Mobile
  • Movie
  • Music
  • News
  • Politics
  • Punjab
  • Punjab
  • Review
  • Science
  • Sports
  • Startup
  • Tech
  • Travel
  • Uncategorized
  • World

Recent News

Citizens Join Hands in Park Rallies Across Haryana to Improve Sex Ratio

July 1, 2025

Sunflower procurement date extended by three days, Now till July 3

July 1, 2025
  • Home
  • News
  • Entertainment
  • Lifestyle
  • E-Paper
  • Videos
  • E-Paper
  • Netflix’s Wild Wild Punjab takes Chandigarh by Storm
  • Indiaepost

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
    • Home – Layout 6
  • News
  • Entertainment
  • Lifestyle
  • E-Paper
  • Videos
  • E-Paper
  • Netflix’s Wild Wild Punjab takes Chandigarh by Storm
  • Indiaepost

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Go to mobile version