Satellite companies plan to push for GST, other tax sops in Budget 2023-24 - Business News: Latest News & Videos about market and economy | Trendmergers

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Satellite companies plan to push for GST, other tax sops in Budget 2023-24

As part of their recommendations for Budget 2023-24, satcom players are also likely to seek an extension of tax benefits via deduction of licence fees and spectrum usage charges (SUC) under Sections 35ABA and 35ABB of the Income Tax Act, 1961, which are currently available to telecom operators but not to satellite operators.

from Industry-Economic Times
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