Central Govt Allows Airtel and Vodafone to Defer Payments by Two Years
Latest News
bookmarkBOOKMARK

Central Govt Allows Airtel and Vodafone to Defer Payments by Two Years

By Hindustan Times calender  21-Nov-2019

Central Govt Allows Airtel and Vodafone to Defer Payments by Two Years

  • On Wednesday, the central govt gave Bharti Airtel and Vodafone-Idea Ltd a relief by allowing them to defer the payments for spectrum purchases by 2022.
     
  • This decision came after Oct 24th ruling which directed the telecom firms to pay at least Rs 92,000 crore in past dues to the govt within 3 months.
     
  • The government said, "Dept of Telecommunication will give an option to Telecom Service Providers to defer the payment due for 2020-2021 and 2021-2022 for one or both years.

    Also Read: Sharad Pawar Discusses Farmers Condition With PM Modi
     
  • It further said that these deferred payments will be spread equally in the remaining installment to be paid by TSPs.
     
  • Let us tell you that Vodafone and Airtel suffered a huge loss in September because of SC rulings that upheld the government's broader definition of revenue. 

MOLITICS SURVEY

क्या सरकार को हैदराबाद गैंगरेप केस एनकाउंटर की जांच करानी चाहिए?

हां
  38.1%
नहीं
  61.9%

TOTAL RESPONSES : 21

Raise Your Voice
Raise Your Voice 

Suffering From Problem In Your Area ? Now Its Time To Raise Your Voice And Make Everyone Know