News Karnataka
Tuesday, April 30 2024
Business

DoT directs telcos to pay AGR dues ‘immediately’

Photo Credit :

New Delhi: Department of Telecommunications (DoT) on Friday directed all telecom licensees to make immediate payment of duies in compliance with the Supreme Court order of October 24 last year.

The DoT’S Licensing Finance wing, in a letter to the telcos, said: “This office letter from LFP of January 23, 2020 stands withdrawn with immediate effect. It is directed to take immediate necessary action in compliance with the judgement of October 24, 2019 of the Supreme Court.”

As per the DoT calculations, Airtel has to pay Rs 35,500 crore, Vodafone Idea has to pay Rs 53,000 crore and Tata Teleservices has to pay a little over Rs 12,500 crore.

Telcos owe Rs 1.47 lakh crores to DoT on account of pending AGR.

DoT on Friday withdrew its earlier directions granting protection from coercive action to defaulting telecom companies after the Supreme Court, earlier in the same day, took a strong view of non-compliance of its order on payment of statutory dues, and DoT’s letter to telcos.

The Supreme Court has also directed the Managing Directors and Directors of telcos and other firms to explain why contempt action be not taken against them for non-compliance of its order.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Nktv
Nktv Live

To get the latest news on WhatsApp