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Sunday, June 16, 2019

ISPs roll back decision to hike fees

Kathmandu, June 15

The Internet Service Providers Association of Nepal (ISPAN) has said it will pull back its earlier decision to hike internet service price.

The announcement comes after the government decided to waive Telecommunication Service Charge (TSC) on internet wires and routers, leased line data connectivity and repair costs.

The government through the budget speech for next fiscal year 2019-20 had announced to hike the taxes on internet service providers. As a result, ISPs had also announced a hike of 20 per cent on internet service fee effective from the next fiscal.

According to Bhoj Raj Bhatta, chairman of ISPAN, the government has agreed not to introduce the tax that it had earlier announced. “The decision will not be implemented for the time being.”

Earlier in the budget announcement, the government had made it mandatory for internet service providers to pay 13 per cent value added tax and 13 per cent Telecommunication Service Charge from next fiscal year.

Till fiscal year 2017-18, the government used to charge only 11 per cent tax on the service providers. But from ongoing fiscal year, the government had decided to increase the TSC from 11 per cent to 13 per cent, following which the ISPs decided to increase the service charge for customers.

But the government and ISPs later reached an agreement not to hike internet prices for the consumers.

The post ISPs roll back decision to hike fees appeared first on The Himalayan Times.

from Business – The Himalayan Times http://bit.ly/31DQ8AS

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