comscore Notices to telcom companies for under-reporting of Rs 10000 crore: Government
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Notices to telcom companies for under-reporting of Rs 10000 crore: Government

Government has served show cause notices to various telecom firms for alleged under-reporting of revenues of over Rs 10,800 crore till November 2012, Lok Sabha was informed today."We have served notic

  • Published: December 12, 2014 6:22 PM IST
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Government has served show cause notices to various telecom firms for alleged under-reporting of revenues of over Rs 10,800 crore till November 2012, Lok Sabha was informed today.“We have served notices for claims of Rs 10,826.69 crore to different telecom companies for under-reporting of revenues till November 2012,” Finance Minister Arun Jaitley said during Question Hour. He, however, said most of the companies have approached the Telecom Disputes Settlement Appellate Tribunal and various courts against the government notices for claims of under- reporting and the tribunal and courts gave stay orders. The Finance Minister refuted the claims by AAP member Bhagwant Mann that no case of under-reporting of revenue was registered by the government saying it was the Department of Telecom which dealt with such cases and not the Securities Exchange Board of India. Also Read - Coronavirus: Telecom operators urge DoT to offer free access to critical sites

Many cases of under-reporting of revenues were registered by the DoT, he said. Also Read - Vodafone CEO Nick Read to visit India this week; will seek bailout: Report

Also Read - Vodafone Idea will shut down if it doesn't get relief: Kumar Mangalam Birla
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  • Published Date: December 12, 2014 6:22 PM IST



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