Big Burden on TELECOM Companies

The upcoming spectrum auctions would generate Rs 40000-50000 crores as upfront revenue and along with the license fee of Rs 20000-25000 crore and spectrum usage charge, the government would fetch around Rs 75000 crores. The Government has budgeted 1.33 lakh crores for 20-21. It means the government is factoring in AGR dues of close to Rs 58000 crores. That is going to be a big burden on telecommunication companies in a single year.

www.goldmine.co.in

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