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By Dinesh
From now on Provincial and local governments will be entitled to a share of telecom royalty fees. The National Natural Resources and Fiscal Commission (NNRFC) has urged the federal government to allocate a portion of royalty among the lower-tier governments after treating telecom frequencies as natural resources.
The NNRFC is a constitutional commission that concerns mobilizing natural resources among the three governments. It reasoned those frequencies used in the telecom industry are natural resources referencing the Intergovernmental Fiscal Arrangement Act 2074. On this basis, the commission has directed the government to share the revenues coming from operators in frequency charges. https://www.nepalitelecom.com
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