Wednesday, June 23, 2021
154,225FansLike
654,155FollowersFollow
0SubscribersSubscribe
Want create site? Find Free WordPress Themes and plugins.

Airtel, Vodafone Idea file modification plea in SC seeking time to pay AGR dues

Want create site? Find Free WordPress Themes and plugins.

Telecom companies Bharti Airtel and Vodafone Idea today jointly filed a plea in the Supreme Court seeking modification of its earlier order in the AGR matter.

The SC had last week dismissed the pleas of the companies seeking review of its earlier judgment, which had asked telecom companies to pay about Rs 1.4 trillion in Adjusted Gross Revenue (AGR) dues before January 23.

The telecos requested extension of the deadline to pay the dues and negotiate payment schedule with the Department of Telecommunications (DoT).

Bharti Airtel and Vodafone Idea owe about Rs 35,586 crore and Rs 50,000 crore to the government respectively. The SC’s last week’s decision to not review its earlier order was a huge setback for the telecom operators, which are reeling under serious financial crunch.

Aditya Birla Group chairman Kumar Mangalam Birla had said last month that “it will be end of story for Vodafone Idea”, if they don’t get any relief from the government.

Telecom Service Providers (TSPs) are requried to pay a percentage of AGR with the government as licensee fee. Ending a two decade long dispute, in September 2019, the apex court had held that revenue from non-core telecom operations also comes under AGR, and hence a percentage of revenue from such operations has to be shared with the government.

Airtel had said last week that it might file a curative petition against the judgment in the SC.

Did you find apk for android? You can find new Free Android Games and apps.

News Update

Madhya Pradesh High Court dismisses PIL seeking specific COVID-19 guidelines for electronic media

The Government authorities and the International Organisations from time to time have issued various guidelines in this regard.

Allahabad High Court issues notice on plea challenging Uttar Pradesh anti-conversion act

Allahabad High Court on Wednesday issued notice on a plea challenging the Uttar Pradesh Prohibition of Unlawful Religious Conversion Act 2021. A batch of petitions challenging the constitutional validity of the Ordinance has been withdrawn with the liberty to file fresh petitions challenging the new Act.

Kerala High Court stays Lakshadweep Administrator’s order on mid-day meal, dairy farms

The Kerala High Court on Tuesday stayed Lakshadweep administrator Praful Khoda Patel’s controversial orders of removing meat from the mid-day meal for students and winding up government-run dairy farms.
Did you find apk for android? You can find new Free Android Games and apps.