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Supreme Court Rejects Telecom Giants' AGR Recalculation Plea, Mandates ₹92,000 Crore Payment
Posted
September 20, 2024
Views
282
Likes
4
Engagement
1.42%
September 20, 2024
282
4
1.42%
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2:36Now PlayingThe Supreme Court has dealt a big setback to major telecom companies by rejecting their plea for recalculating Adjusted Gross Revenue (AGR) dues. The ruling mandates that the telecom firms must pay ₹92,000 crore in outstanding dues within three months. The court dismissed the companies' arguments against the Department of Telecommunications' (DoT) calculations, which have faced scrutiny over their revenue-sharing formula.
#supremecourt #telecos #telecommunication #bhartiairtel #vi #idea #airtel #agr #topnews #englishnews #industrynews #mirrornow
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