Budget 2024: Duty relief, tax rebate on telecom wishlist

Union Budget: India’s top carriers seek a duty waiver on 4G/5G gear in the Budget to cut costs and improve connectivity. They propose suspending the 5% AGR contribution towards USOF until its ₹79,638.31 crore corpus is used, reducing the licence fee to 1% of AGR, and extending tax rebates. COAI, major carriers, and finance ministry support it.

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