The FY25 Union Budget session is scheduled to be held on 31 January, with union finance minister Nirmala Sitharaman set to present the upcoming financial year’s budget on 1 February. Industry observers said that the realization of such relief is in line with the progress of the nature of services provided by companies in the industry right now. But to fully realize this potential, we must address the financial constraints impeding the sector’s expansion. Reducing levy burdens is not just an economic necessity, but a strategic investment in our digital future. Telcos are also contending with the advent of direct-to-mobile (D2M) broadcasts, which seeks to bring television broadcasts directly to smartphones.

Source: Mint January 19, 2024 13:45 UTC