Telecommunications levy increased from midnight today
June 3, 2022 03:37 pm
The telecommunications levy will be increased with effect from midnight today (June 03), the Telecommunications Regulatory Commission (TRCSL).
Thereby, the tax will go up from 11.25% to 15%, resulting in a hike in call charges as well.
The TRCSL also stated that the telephone tariffs will move up by approximately 8% due to the increase in the Value-Added Tax (VAT) from 8% to 12%.
According to the Prime Minister’s Office, the revenue from the telecommunications tax dropped to Rs. 13.1 billion in 2022 from Rs. 18.3 billion in 2019 as a result of the tax cut introduced on December 01, 2019. The government had slashed the Telecommunications Tax to 11.25% from 15%.
