02-02-2021 05:13 PM | Source: IANS
Concerns of telecom sector not addressed in Budget: COAI
The Budget proposals fell short of fulfilling the telecom sector's expectations of a reduction in the burden of levies and some Goods and Services Tax (GST) relief, the Cellular Operators Association of India (COAI) has said.
"We are a bit disappointed that concerns of the telecom sector, which is the backbone of digital India, remained unaddressed," S.P. Kochhar, Director General, COAI, said in a statement.
"We were expecting a reduction in the burden of levies, such as LF (Licence Fees) and SUC (spectrum usage charges) on the telecom sector."
The comments come ahead of the next round of spectrum auctions from March 1.
Latest News
KP Energy shines on bagging new orders of 1003.7 MW ...
NTPC rises on inking JV agreement with RVUNL
Exploring famous foods from different countries
Samsung Tops India`s Smartphone Market with 23% Valu...
India`s Apollo Green Energy plans solar module plant...
Family-Friendly Activities in the Mountains
India HPCL plans to buy 43% more Iraqi oil in 2025, ...
Centre launches phase 2 of subsidised Bharat Atta, R...
Monthly Auto Sales - October 2024 by Arete Securitie...
India`s home textiles industry to see 6-8 pc growth ...