AGR Relief For Vodafone Idea LIVE | Cabinet Approves 5-Year Moratorium For Vodafone Idea: Sources

Описание: The Union Cabinet today approved an adjusted gross revenue (AGR) relief package for Vodafone Idea, CNBC Awaaz reported citing sources. The government has given its nod for a 5-year moratorium on the AGR dues of the telecom giant, the report added.

The Cabinet has approved the freezing of Vodafone Idea's AGR dues worth Rs 87,695 crore, whose payment is now being rescheduled to FY32-FY41, CNBC-TV18 reported. AGR dues of FY18 and FY19 shall be payable by the company over the next five years, it added.

The Frozen AGR dues shall be reassessed by DoT based on audit reports, the report further said.

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