Telecommunications levy increased from midnight today

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Telecommunications levy increased from midnight today

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%.