Bharti Airtel and Vodafone Idea may have to shell out around Rs 2,600 crore and Rs 3,650 crore, respectively, of their adjusted gross revenues (AGR) before March 31. This is because the Department of Telecommunications (DoT) is of the view that the companies have to pay 10 per cent of the outstanding dues on the day of the Supreme Court judgment on September 1 last year, when it gave the telecom firms 10 years to pay their AGR dues.
It said 10 per cent of the amount would have to be paid by March 31. It is learnt that the companies will have to shell out 10 per cent of the ...
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs
Key stories on business-standard.com are available to premium subscribers only.
Already a premium subscriber? LOGIN NOW
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU