After locking horns with telecom majors over payment of one-time spectrum charge, the govt told the SC that it is reviewing its position. Here's a report on why it was levied and its current status
Telecom company is estimated to have AGR-related dues of more than Rs 46,000 crore, posted a pre-tax loss of Rs 11,742 crore in fourth quarter FY 2020.
"Do not pay anything. Do not pay this. Do not pay the AGR (Adjusted gross revenue) also," the bench said while dismissing the appeal of the telecom firm.