Telecom operators shall pay out 10 for every cent of the altered gross revenue (AGR) dues demanded by the DoT by March 31 as directed by the Supreme Court, Parliament was educated on Tuesday.
Minister of Point out for Communications Sanjay Dhotre, in a created reply in the Rajya Sabha, also explained the believed revenue possible to be produced will rely on the payments made by the telecom companies.
“Revenue predicted from Spectrum auction throughout 2020-21 had originally been projected in the 2020-2021 Price range,” the minister mentioned.
The government in the Receipt Budget has pegged above two-fold raise in revenue selection to Rs 1,33,027.2 crore for monetary 12 months 2020-21 underneath the communications head.
Relating to AGR dues, the minister stated the Supreme Courtroom in its judgement dated September 1, 2020 has identified the dues owed by the telecom companies and the methodology of payment.
“The Hon’ble Supreme Courtroom has directed that at the to start with instance, the respective Telecom Operators shall make the payment of 10 per cent of the complete dues as demanded by DoT by March 31, 2021,” Dhotre reported.
According to govt calculations, total AGR liability of Bharti Airtel is Rs 43,980 crore, Vodafone Notion (VIL) Rs 58,254 crore, Tata group Rs 16,798 crore, BSNL Rs 5,835.85 crore and MTNL Rs 4,352.09 crore.
Bharti Airtel has paid the authorities Rs 18,004 crore, VIL Rs 7,854 crore, Tatas Rs 4,197 crore and Reliance Jio has cleared its total dues with payment of Rs 194.79 crore.
Anil Ambani-owned Reliance Communications owes Rs 25,194.58 crore, Aircel Rs 12,389 crore and Videocon Telecommunications Rs 1,376 crore but these organizations are under liquidation process.
Companies like Loop Telecom, Etisalat DBand S Tel, which jointly owe the government Rs 604 crore, have shut down their India functions.
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