New Delhi. Vodafone Idea has mentioned that it might pay the federal government the excellent AGR within the subsequent few days. However, it’s being assessed how a lot AGR the corporate will have the ability to pay. Vodafone Idea mentioned in an announcement that as per the order of the Hon'ble Supreme Court given on 24 October 2019, the corporate is presently assessing how a lot it might repay the excellent AGR (adjusted gross income) to the Department of Telecommunications. Vodafone proposes to pay the assessed quantity within the subsequent few days. Vodafone Idea has to pay AGR of Rs 53000 crore. Explain that the corporate was shocked when the Supreme Court reprimanded it for not paying the AGR dues until 23 January. <! –
Vodafone cautioned that its future trusted the courtroom's resolution on the modification petition. The courtroom has laid deadline of 17 March to pay AGR.
What occurred within the courtroom
Airtel and Vodafone had filed an modification petition after the evaluation petition was dismissed, on which the courtroom issued present trigger notices towards these firms through the listening to on Friday. The courtroom additionally requested why the telecom firms didn’t pay the excellent AGR regardless of the 23 January 2020 deadline.
The authorities additionally raised its fingers
The authorities has additionally withdrawn its January 23 order by which it determined to not take stern motion towards the telecom firms. The authorities had determined to not take strict motion towards the telecom firms for failing to satisfy the court-directed deadline to pay the dues. The Department of Telecommunications has mentioned that it’s directed to take obligatory motion instantly in compliance with the Supreme Court's October 24 resolution.
– AGR: Now authorities turns into strict on telecom firms, Airtel can pay Rs 10000 crore