Tuesday, September 1, 2020

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SC grants telcos 10 yrs to pay Rs 1.5L cr dues

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The Supreme Court on Tuesday granted telecom companies 10 years to clear AGR (adjusted gross revenue) dues of around Rs 1.43 lakh crore to the Centre, providing much needed relief to some of the telcos which could have faced the prospect of winding up their operations for being unable to pay the entire amount at one go.

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