AGR dues: Telcos to file financial statements before SC; hearing in July

DoT seeks time from SC to respond to telcos replies on payment of AGR related dues by them

The Supreme Court has asked telecom companies to file their financial statements before it and fixed adjusted gross revenue (AGR) related dues case against them for hearing in July. 

The Department of Telecommunications sought time from the apex court to respond to telcos replies on payment of AGR related dues by them.

The DoT also filed affidavit explaining reason for raising Rs 4 trillion demand of AGR related dues against PSUs earlier.

The Centre told that the DoT has decided to withdraw 96 per cent of the Rs 4 trillion demand for AGR related dues raised against