Published on 2/02/2021 5:13:41 PM | Source: IANS

Concerns of telecom sector not addressed in Budget: COAI

Posted in Budget News| #Economy #Telecom Sector #GST #Union Budget #Budget

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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.