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Cabinet Approves 4 Year Moratorium on AGR Dues for Telecom

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Cabinet Approves 4 Year Moratorium on AGR Dues for Telecom

Ever since the government started to go after Telecom Companies with outstanding AGR dues, India's telecom sector has been in survival mode. This sector can finally breathe a sigh of relief as the cash-strapped industry has been given a lifeline by the Union cabinet, who has approved a four-year moratorium on dues and have justified the meaning of Adjusted Gross Revenue.


The government has finally noticed the positive impact easing the leash on the telecom sector would have on India's economy. However, that doesn't excuse them that the heavily expedited demand of all the AGR Dues has turned this sector's survival mode on. With these new reliefs, we might see some positive changes in the industry. However, when it comes to companies that are literally on their last legs, it's too soon to tell if the new framework would make their life better or remove what's left of it.


AGR dues are the crown of thorn for most telecom companies in India. Read about how the latest 4-year moratorium can salvage these ailing telecom companies.


Visit: https://www.registrationwala.com/knowledge-base/telecom/agr-return-filing/telecom-sector-AGR-dues-moratorium

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