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Budget 2024: Telecom Infrastructure Providers Call for Simpler GST Regime

  • The Digital Infrastructure Providers Association (Dipa) is seeking a flexible regulatory and policy regime, including simplified GST norms, in the Union Budget 2024.
  • Dipa has written to the Union Minister of Finance & Corporate Affairs, Nirmala Sitharaman, requesting support for the telecom infrastructure industry.
  • Telecom infrastructure companies represented by Dipa are seeking support for input tax-credit on telecom towers, an increase in tax depreciation rate on batteries, and rationalization of TDS provisions on electricity and fuel purchases.
  • Measures to facilitate ease of doing business will contribute to the long-term growth of the telecom industry.

Source: a2ztaxcorp.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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