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Authorities should evaluate excessive levies, taxes in telecom sector,…

New Delhi: Telecom czar Sunil Bharti Mittal on Friday made a renewed pitch for decreasing the excessive levies on telecom trade, saying the federal government shouldn’t view the sector as a supply for the exchequer, however as a substitute as a “force multiplier” for making certain financial momentum.

Mittal, who’s the chairman of Bharti Airtel, additionally mentioned that the Prime Minister’s imaginative and prescient of Atmanirbhar Bharat has given a clarion name to the trade to make sure that extra worth addition is finished in India for telecom networks, cell units, and software program.

 

“Taxes have generally been very high on this industry. It is important that this is reviewed thoroughly and telecom resources like spectrum, levies should not become a source for the exchequer, but should become a force multiplier in ensuring economic momentum becomes faster and gets accelerated. So, Government can earn its dues from other industries who are going to be riding on the back of this wonderful industry,” Mittal mentioned.

The federal government additionally wants to make sure that the telecom trade, which has had its ups and downs, is given due consideration in space of levies and taxes, Mittal mentioned, talking at an occasion organised by Mobile Operators Affiliation of India and IMC Studio on the event of 25th Anniversary of Cell Telephony’ in India.

 

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