Financial support to Mahanagar Telephone Nigam Limited on account of liability arising from levy of Minimum Alternate Tax

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for a proposal of the Department of Telecommunications to provide financial support to Mahanagar Telephone Nigam Limited (MTNL) due to its liability arising from levy of Minimum Alternate Tax (MAT).