Telecom firms served notice for under-reporting revenues to the order of Rs.10,826 crores

By December 13th, 2014 AT 2:01 AM

Government has served a show cause notice to various telecom firms for allegedly under-reporting revenues of over Rs.10,800 crore till November 2012.

India Telecom Operators

We have served notice for claims of Rs.10,826.69 crore to different telecom companies for under-reporting revenues till November 2012,” said Jaitley during the Question Hour in Lok Sabha.

He said most of the companies have approached the Telecom Disputes Settlement Appellate Tribunal and various courts against the government notice and the tribunal and courts gave stay orders.

The Department of Telecom (DoT) also registered many cases of under-reporting of revenues.

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Alcino DiaskrishPD Recent comment authors
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krish
krish

This will hamper the growth of telecom companies in india. This could again lead to raise of tariffs. Undigitalizing india ( at a very fast pace).

PD
PD

Who is to be blamed ? These wrongdoers ? Definitely not. We can’t expect everybody to be honest at all the times ! Blame the system and those who are mandated to oversee such possible activities. Book them first. Ironically we live in a system entrenched in greed and corruption. Feel dejected when our minister boast of catching Rs. > 4000 crores black money holderd who stashed abroad and reading this post involving Rs. >10000 crores just beneath the nose of minister ! God save our Motherland !

Alcino Dias
Alcino Dias

We people need to change and we need to obey the law

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