Moneycontrol PRO
HomeNewsTechnologyBudget 2012: Expect pricier mobile bills, confirms Airtel

Budget 2012: Expect pricier mobile bills, confirms Airtel

Pricier mobile bills, as reports have been re-iterating, since yesterday are going to be the norm, post Budget 2012 ...

March 17, 2012 / 16:50 IST

Pricier mobile bills, as reports have been re-iterating, since yesterday are going to be the norm, post Budget 2012. A Times of India report now confirms that Bharti Airtel subscribers, too should brace themselves for fatter mobile bills, following an increased service tax, as stated in the budget. This confirmation comes from the Bharti Airtel CEO for India and South Asia, Sanjay Kapoor, himself. Kapoor added that the Union Budget 2012 did not announce anything specifically for the telecom sector and that the industry's awaiting the New Telecom Policy that is scheduled to arrive in June. In one of our earlier reports, citing the changes the Union Budget is going to make, we had stated that the 2 percent rise in the service tax (from 10 percent to 12 percent) will be pushed down to the subscribers, invariably, resulting in increased mobile tariffs. Click here for full story

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

first published: Mar 17, 2012 04:41 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347