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Taxes absorb 58% telco revenues in nation with lowest tariff: Voda-Idea CEO

Says operational cash generation can be released for investments if govt eases tax burden

Topics
Vodafone Idea | 5G | Telecom companies

Subhayan Chakraborty  |  New Delhi 



Vodafone Idea
Moondra said the operational cash generation of telcos can be released for investments if the government reduces the tax burden

Apart from having one of the highest incidences of visible levies in the world, Indian telcos have a large hidden cost, which results in 58 per cent of their revenues becoming liable for government taxes, chief executive officer (CEO) Akshaya Moondra has said.

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First Published: Mon, October 03 2022. 15:21 IST

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