On Wednesday, British telecom major Vodafone said it has sought waiver of interest and punishment from statutory delinquent demand raised by the govt from Vodafone Idea, and a time of 10 years to pay only the principal amount with a two-year deferral. The Supreme Court in October upheld the demand raised by the govt from telecom operators to pay levies on the budget earned by them. Vodafone Idea Ltd, in which Vodafone holds 45.39 per cent stake, is staring at unpaid statutory dues of Rs 53,038 crore, including Rs 24,729 crore of ripple dues and Rs 28,309 crore in licence fee, and has already warned of shutdown if no relief is given.
क्या कहते हैं पाकिस्तान के हालात सुने Dr. PP Khosla से || pakistan || jinnah || independence ||
“Specifically, we have requested an immediate two-year deferral on ripple payments, lowering of licence fees and taxes, waving off interest and penalties on the Adjusted Gross Revenue case and ability to make the payment on principal over 10 years with a 2-year deferral,” Vodafone Chief Executive Officer Nick Read said during investors presentation. The Supreme Court rejected the review petition filed by VIL and other industry participants in relation to the AGR judgment, In January. Both VIL and Bharti Airtel have subsequently filed modification urges to request the court to order the Department of Telecommunications to determine a payments schedule in relation to AGR dues and other cure. – Pallavi..
श्री कृष्ण के दो पैसों ने कैसे बदली दरिद्र ब्राह्मण की तकदीर || shrikrishna || brahman || luck ||
