Ncell paid Rs 27 billion in taxes and tasks to the federal government


Kathmandu. In the last fiscal year 2077/78, Ncell Axiata was ranked number one among the telecom companies that paid the most taxes. Private sector telecom service provider Ncell paid about Rs 27 billion to the government last year under various taxes and tariffs.

According to a report released by the Nepal Telecom Authority last year, Ncell paid the amount under telecommunication service charges, value added tax, royalty and other taxes and tariff and frequency charges.

Ncell paid Rs 4.69 billion for telecommunication service charges, Rs 5.51 billion for value added tax (VAT), Rs 2.21 billion for royalties, Rs 12.96 billion for other taxes and duties and Rs 1.59 billion for frequency charges. It is mentioned in the report of the Telecommunication Authority. Adding all this, the total amount paid by Ncell is 26.96 billion.

The state-owned Nepal Telecom, on the other hand, remitted a total of Rs 12.56 billion to the government in the same fiscal year, including various taxes and duties. According to the unrevised details submitted by the telco to NEA, the telco has paid Rs 3.74 billion for telecom service charges, Rs 3.1 billion for VAT, Rs 4.10 billion for other taxes and duties, Rs 59.13 million for ownership tax and Rs 1.71 billion for frequency charges. Rs.

WorldLink Communications has paid the highest taxes and fees for internet service providers. WorldLink has paid Rs 2.68 billion to the government under various headings. It has remitted Rs 530 million for telecommunication service charges, Rs 1.21 billion for VAT, Rs 824.20 million for other taxes and duties and Rs 117.2 million for royalties, according to the NEA report.

Subisu is in the second place by handing over Rs. 875.2 million to the government. Subisu has paid Rs 129.8 million in service charges, Rs 541.3 million in VAT, Rs 57 million in royalties and Rs 147.1 million in other taxes and duties. Similarly, NEET has stated that Vinet has remitted Rs. 460 million to the government. Vinet has paid Rs 67.1 million for VAT, Rs 32 million for royalty, Rs 254.3 million for telecommunication service charges, Rs 107 million for other taxes and duties and a total of Rs 460 million.

Similarly, Mofussal’s internet service provider TechMinds paid Rs 99.5 million to the government for VAT, Rs 25.5 million for royalties, Rs 44.2 million for telecommunication service charges and Rs 5 million for other taxes and tariffs last fiscal year.

According to the NEA report, Classic Tech paid Rs 63.4 million to the government for VAT, Rs 47.9 million for telecommunication service charges and Rs 39 million for other taxes and duties last fiscal year. The new internet service provider CG Net has remitted Rs 291,000 in telecommunication service charges and Rs 26.43 million in other taxes and duties to the government, according to the report.





Source

Sharing Is Caring:

Leave a Comment