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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%..
This article first appeared/also appeared in https://adaderana.lk
