Planned FY24 spectrum sale round drives non-tax revenue goal from telecom

Officials said deferred spectrum charges to be paid by telcos also make up a large chunk of the expected revenues

Another round of spectrum auction planned for late FY24, along with higher incidence of deferred spectrum charges, has led to a 30 per cent higher estimate of non-tax revenue from telecom in FY24.

Under the telecom head, the latest Budget has listed out non-tax revenue collection estimates of Rs 89,469 crore in FY24. This is up an annual 30 per cent from the revised estimates of Rs 68,784 crore in FY23, and 69.4 per cent higher than the budget estimates of Rs 52,806 crore in FY22.

Even though Finance Minister Nirmala Sitharaman did not make any announcements about holding a