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Telecom Sector Welcomes Changes In Interim Budget Expresses Optimism For Future - BW Businessworld

As this was only an interim budget, with the general elections slated for later this year, industry leaders expressed optimism for bigger policy changes once a new government is elected to power, , Indian telecom industry, Cellular Operators Association of India (COAI), Interim Budget 2024-25 ....

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Telecom industry wants govt to junk USOF, slash duties

Telecom services providers have urged the Ministry of Finance to suspend the universal service obligation (USOF) till the existing corpus is exhausted.

In their Budget recommendations, they have also pressed for an exemption from the service tax on assignment of right to use natural resources and the slashing of Customs duty on telecom equipment to zero.

The Cellular Operators Association of India (Coai), which represents private sector telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea, called for abolishment of USOF levy. ....

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