As instructed by TRCSL Telecommunication Levy(TL) is reduced by 25% along with below NBT & VAT revision done by the Department of Inland Revenue. As a result of this revision effective tax rates will be changed further as specified below.
Service Type |
Total Tax Before Revision |
Total Tax with effect from 1st Dec 2019 |
Effective Tax Percentage for Voice services |
37.70% |
22.60% |
Effective Tax Percentage for Data services |
19.74% |
10.20% |
Plan value with TAX (Rs.) | Tax % | Rs | Plan value without TAX (Rs.) |
100 | Old Value - 19.74% | 16.69 | 83.51 |
100 | New Value - 10.20% | 9.26 | 90.74 |
Change |
Revision |
Effective Date |
1. Removal of the Nation Building Tax (NBT) |
From 2.04% to 0% |
1st December 2019 |
2. Reduce Value Added Tax rate (VAT) |
From 15% to 8% |
1st December 2019 |
3. Reducing Telco Levy by 25% (TL) |
From 15% to 11.25% |
1st December 2019 |