[ad_1]
The issue of Adjusted Gross Income (AGR) will be heard by the Supreme Court on June 11 (Thursday).
The hearing may include the government’s request that telecommunications companies be allowed to spread the payment of their dues over 20 years or less.
A bench led by Judge Arun Mishra will hear the case tomorrow.
Earlier in March, the Department of Telecommunications (DoT) approached the highest court, requesting approval of a formula allowing telecommunications service providers to make annual payments of unpaid or remaining AGR dues over the past 20 years. next few years or more.
The advocacy says that if telecommunications companies face proceedings under the Insolvency and Bankruptcy Code, it will have negative effects on competition and services in the telecommunications industry.
Dear reader,
Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting-edge commentary on relevant current issues.
However, we have a demand.
As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital editor
First published: Wed 10 Jun 2020. 21:11 IST
[ad_2]
