DoT to give a thought about SC's order on AGR beyond telcos
By MYBRANDBOOK
The Department of Telecommunications (DoT) has started examining whether the Supreme Court's ruling on the definition of telecom revenue may apply to any company that utilises radiowaves and has a telecom licence. The ministry has thrown up the possibility of statutory dues swelling beyond Rs 3 lakh crore. Instructions have gone to the licencing wing to carefully examine the implications of the apex court's recent ruling for all such companies. DoT will take a week or so to arrive at a definitive conclusion on the matter.
As per the verdict, Airtel, Vodafone Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore within three months. Bharti Airtel faces a liability of around Rs 42,000 crore after including licence fees and spectrum usage charges, while Vodafone Idea may have to pay about Rs 40,000 crore. Jio may have to pay around Rs 14 crore. The remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt companies.
However, DoT is now applying its mind on whether the apex court order also impacts any other company which uses spectrum or has a licence. Discussions are going beyond the scope of 4-5 pure play telecom access providers.
These may even include other category of licences or companies utilising radio waves in oil and gas, power and even railways sectors. The matter has not been placed yet before the newly-constituted Committee of Secretaries, as the telecom department first needs to arrive at a final view on the matter.
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
AMARA RAJA POWER SYSTEMS LTD.
EXIDE INDUSTRIES LTD.
LENOVO INDIA PVT. LTD.
ICONS OF INDIA : S KRISHNAN
S Krishnan as the secretary for the electronics and information techno...
ICONS OF INDIA : SACHIN BANSAL
Sachin Bansal is an Indian entrepreneur. He is best known as the found...
Icons Of India : B.V.R. Subrahmanyam
A 1987 batch (Chhattisgarh cadre) Indian Administrative Service Office...
IFFCO - Indian Farmers Fertiliser Cooperative
IFFCO operates as a cooperative society owned and controlled by its fa...
GeM - Government e Marketplace
GeM is to facilitate the procurement of goods and services by various ...
C-DOT - Center of Development of Telematics
India’s premier research and development center focused on telecommu...
Indian Tech Talent Excelling The Tech World - Steve Sanghi, Executive Chair, Microchip
Steve Sanghi, the Executive Chair of Microchip Technology, has been a ...
Indian Tech Talent Excelling The Tech World - ANJALI SUD, CEO – Tubi
Anjali Sud, the former CEO of Vimeo, now leads Tubi, Fox Corporation...
Indian Tech Talent Excelling The Tech World - Sundar Pichai, CEO- Alphabet Inc.
Sundar Pichai, the CEO of Google and its parent company Alphabet Inc.,...