City
Epaper

Vodafone Idea pays Rs 1,000 cr more towards AGR dues

By IANS | Updated: July 18, 2020 18:15 IST

New Delhi, July 18 Vodafone Idea on Saturday said that it has paid additional Rs 1,000 crore to ...

Open in App

New Delhi, July 18 Vodafone Idea on Saturday said that it has paid additional Rs 1,000 crore to the Department of Telecommunications (DoT) towards the AGR dues.

In a regulatory filing, the company said that with the latest payment, it has paid a total of Rs 7,854 crore towards the AGR dues.

"The company yesterday (July 17) paid a further sum of Rs 1,000 crore to the DoT towards the AGR dues. The company had earlier deposited Rs 6,854 crore in 3 tranches. The company has thus paid an aggregate amount of 7,854 crore towards the AGR dues," it said.

In the last hearing on the AGR matter, the Supreme Court had asked the telecom operators to file their balance sheets for the last 10 years, including the year ending March 2020, as well as the Income Tax Returns as well as the particulars of AGR deposited during the last 10 years.

It had also directed the telcos to make payments of reasonable amounts also to show their bona fides before the next hearing, slated for July 20.

( With inputs from IANS )

Tags: Vodafone IdeaAGR
Open in App

Related Stories

BusinessVodafone Idea on the Hunt for New CEO, After Govt Converts Rs. 36,950 Crore Dues Into Equity

BusinessVodafone Idea Share Price Hits 10% Upper Circuit, After Govt Converts ₹36,950 Crore Dues Into Equity

BusinessGovt To Raise Stake in Vodafone Idea From 22.6% to 49%, With Fresh Share Acquisition Worth Rs 37,000 Crore

TechnologyVodafone Idea Recharge Plans to Get Costlier for Heavy Data Users? Know What Company Official Says

BusinessVodafone Idea FPO: Share Price Surges To 7.27% on NSE, Raises ₹18,000 Crore in Record FPO

Business Realted Stories

BusinessKudos to Govt's efforts under PM Modi leadership for ensuring peace, stability: NSE CEO

BusinessAdani Power to supply 1500 MW to Uttar Pradesh from upcoming greenfield power plant

BusinessIndiGo announces relief measures for affected passengers due to airport closure

BusinessAdani Power to supply 1,500 MW to UP from upcoming greenfield power plan

BusinessAdani Power to supply 1,500 MW to US from upcoming greenfield power plant