The novelty of this fiscal year for the Small and Medium Enterprises (SMEs) is the "Cancellation of VAT Registration" to operators with a turnover of less than Rs 4 million to avoid paying VAT on their income. Previously, the threshold was Rs 2,000,000.

The government had introduced a measure in terms of value-added tax to ease the operation cost of sugar cane growers, horticulturists and breeders of cattle and pigs.

The New Broadband Policy (NBP) from 2012 to 2020 contains two key measures to bring down the price of broadband Internet. One is the reduction or even elimination of VAT on computer equipment.