Telecom Levy reduced

The government has reduced the Telecommunication levy to 20 percent  effective from 2011.The budget 2011 had proposed the removal and reduction of different taxes on telecommunication and instead imposed one block levy.

The Telecommunications Regulatory Commission announced that a telecommunication levy of 20 has been imposed from January 1st in lieu of the 12% VAT, 10% Mobile and fixed subscriber levy 3% nation Building tax and 2% Environment conservation levy.

Accordingly the total levy will come down to 20 percent as against the 27 levies imposed earlier.

The budget 2011 also proposed some other tariff reductions inclusive of the reduction of minimum call charges.