Budget 2025: Telcos bat for cut in levies, LTGs contribution in USO fund

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Budget 2025: Telcos bat for cut in levies, LTGs contribution in USO fund - Business Standard

Quick Summary:

The telecom services industry has batted for the abolition of levies and extension of carry forward of business losses to 16 years in its Budget wishlist, and argued that large traffic generators (LTG) should contribute to USO Fund/Digital Bharat Nidhi Fund.

It has pitched for a cut in licence fee, and suggested that the definition of gross revenue (GR) be made more precise by stipulating that the revenue from activities that requires no licence, would not be a part of it.

The suggestions are aimed at enhancing the financial stability of the telecom sector, COAI said in its recommendations.