The Centre has budgeted Rs 1.33 trillion as non-tax receipts from the telecom sector for FY2021
The Executive Branch agencies identified substantial and unacceptable national security and law enforcement risks associated with China Telecom's operations
Calls for joining hands and paving the way for intra-circle roaming pacts as country goes under lock down in war against coronavirus
The fresh plea stated that telecom service providers who were liable to make payments have started making payments
Telcos said that DoT units asked for call data records for specific routes in Delhi with residences of Ministers, Members of Parliament, Judges and important offices
In case of Vodafone Idea Ltd (VIL), the DoT is seeking over Rs 53,000 crore
Tata Teleservices has paid about Rs 4,197 crore, while Rs 3.9 crore has been received from Reliance Communications
Earlier in the day, Vodafone Idea in a statement said it has already paid Rs 3,500 crore out of the "self-assessed" liability of Rs 21,533 crore
CBDT, which frames policy for the tax department, did not name the entities involved
On speculations regarding shutting down of Vodafone Idea, Dhotre said no such information is available with the government
From govt allowing telcos to defer payments to 28 coronavirus cases in India, here are the top stories for the day
Tata Sons Chairman N Chandrasekaran meets Ravi Shankar Prasad to discuss the issue
Vodafone Idea and Airtel lost 3.6 million and 11,050 users, respectively
However, no deadline has been given to companies to submit the supporting documents
Experts are of the view that these reforms are too little, too late
Total prize money of Rs 2.5 crore is spread across three phases
It is learnt that the two telcos have proposed a few options to the Union government for consideration
Former finance secretary Subhash Chandra Garg on Wednesday said the government should offer a one-time settlement scheme to the telecom companies to pay the principal due amount as per the AGR definition and waive the penal interest and penalties. The massive Rs 1.47 lakh crore of adjusted gross revenue (AGR) dues are pushing telecom firms to the brink. In a blog titled 'Rebuilding Telecom Business in India', Garg said the telecom crisis in India is not just limited to AGR-related issues. "Offer a one-time settlement scheme to the telecom companies (both operating and under resolution) to pay the principal due amount as per the AGR definition as contained in the licensing agreements and waive the penal interest and penalties. "Alternatively, appoint a board for Vodafone Idea Ltd by ousting the current board on the lines of action taken in the case of IL&FS and DHFL and secure a moratorium of some time on servicing of loans and government dues," he said. Garg noted that the telecom
Shares of Vodafone Idea jumped 48 per cent to Rs 4.49 on the BSE on Wednesday on the back of heavy volumes on report that the government is unlikely to invoke bank guarantees for now
Solicitor General's view sought after SC refuses relief; telcos pay a fraction of the total AGR dues