2027 Budget proposes five-year tax concession for rural communication tower construction
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The 2027 Budget has proposed a five-year tax concession for the construction of new communication towers to expand high-speed internet facilities in rural areas.
A grant has also been proposed for each tower, amounting to the lesser of 75 percent of its cost or Rs. 35 million.
The President stated that between 700 and 800 new towers are required from 2027 to 2030 to expand high-speed broadband facilities across the country.
