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Govt mulls ₹1 lakh crore AGR dues waiver in Budget: Reports
short by Mansi Agarwal / on Monday, 20 January, 2025
The government is reportedly considering a proposal to waive off over ₹1 lakh crore of adjusted gross revenue (AGR) dues owed by telecom companies in Budget 2025. The proposal includes waiving 50% of interest and 100% of penalties and interest on penalties, reports said. The move would majorly benefit Vodafone Idea to the tune of around ₹52,000 crore.
read more at NDTV Profit