Business CircleBusiness Circle
  • Home
  • AI News
  • Startups
  • Markets
  • Finances
  • Technology
  • More
    • Human Resource
    • Marketing & Sales
    • SMEs
    • Lifestyle
    • Trading & Stock Market
What's Hot

The best microSD Express cards for the Switch 2

March 7, 2026

Imperial Petroleum (IMPP) Q4 Earnings Surge 250% YoY to $0.35 EPS on Strong Tanker Utilization

March 7, 2026

PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block deal

March 7, 2026
Facebook Twitter Instagram
Saturday, March 7
  • Advertise with us
  • Submit Articles
  • About us
  • Contact us
Business CircleBusiness Circle
  • Home
  • AI News
  • Startups
  • Markets
  • Finances
  • Technology
  • More
    • Human Resource
    • Marketing & Sales
    • SMEs
    • Lifestyle
    • Trading & Stock Market
Subscribe
Business CircleBusiness Circle
Home » VI wins relief in SC as govt agrees to reconsider demand for additional AGR dues
Finances

VI wins relief in SC as govt agrees to reconsider demand for additional AGR dues

Business Circle TeamBy Business Circle TeamOctober 27, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
VI wins relief in SC as govt agrees to reconsider demand for additional AGR dues
Share
Facebook Twitter LinkedIn Pinterest Email


The company has 20 crore consumers, and any decision on the company would affect the customers too

The corporate has 20 crore customers, and any resolution on the corporate would have an effect on the purchasers too

Vodafone-Thought gained a significant reduction within the Supreme Courtroom on Monday after the Union Authorities agreed to rethink its demand for added adjusted gross income (AGR) dues from the corporate and take an applicable resolution in accordance with the regulation.

Showing earlier than a bench headed by Chief Justice of India BR Gavai, Solicitor Normal Tushar Mehta, for the Centre, mentioned there was a “large change in circumstances” within the time between earlier AGR litigation within the prime court docket involving Vodafone-Thought (VI) and the current one.

Mehta submitted that the federal government has infused a “substantial fairness” to the tune of 49 per cent within the firm.

“Thus the federal government’s curiosity, which is the general public’s personal curiosity, is interlinked with the corporate now,” the highest regulation officer submitted.

Over-invoicing

He additional briefed the court docket that the corporate has 20 crore customers, and any resolution on the corporate would have an effect on the purchasers too. He mentioned the federal government had considerations like over-invoicing, and many others, related to the corporate, however that will be comprehensively heard and thought of intimately.

The court docket mentioned the problem has entered into the “coverage area” with the federal government pumping in appreciable fairness and the problem involving 20 crore clients of the corporate.

The court docket discovered nothing improper within the authorities’s stand to rethink its demand for added AGR dues for the monetary yr (FY) 2016-2017 from the corporate and take an appropriate resolution, saying this could additionally tackle the bigger public curiosity concerned.

VI had approached the apex court docket in opposition to the extra AGR demand raised by the Division of Telecommunication (DoT) for the 2016-2017 interval. The corporate had argued that the liabilities had been already calculated, and couldn’t be modified or elevated.

It had urged the court docket to quash the extra DoT demand whereas searching for a complete re-assessment and reconciliation of AGR dues for the interval until FY 2016-17.

Recent litigation

The recent litigation had come solely months after the apex court docket had rejected earlier petitions by Bharti Airtel, Vodafone Thought (VI) and Tata Teleservices searching for reduction within the fee of their curiosity on the dues, penalty and curiosity on the penalty in direction of their respective AGR liabilities on the bottom that they had been underneath extreme monetary constraints.

The apex court docket had, in its order in Might, concluded their pleas to be “misconceived”.

In actual fact, the Chief Justice had voiced the necessity for finality within the AGR litigation. 

Greater than a yr in the past, on September 19, the apex court docket had dismissed a healing petition filed by telcos, together with Bharti Airtel and Vodafone Thought, in opposition to the court docket’s October 2019 judgement upholding the DoT’s transfer to get better AGR of about ₹92,000 crore from them. 

Printed on October 27, 2025



Source link

additional AGR agrees demand dues govt reconsider relief Wins
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Business Circle Team
Business Circle Team
  • Website

Related Posts

PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block deal

March 7, 2026

As RTO surges, childcare benefits demand rises

March 7, 2026

What Netflix’s acquisition of Ben Affleck’s AI filmmaking company really shows

March 6, 2026

Best Debt Settlement Companies of 2026: Compare Fees and Savings

March 6, 2026
LATEST UPDATES

The best microSD Express cards for the Switch 2

March 7, 2026

Imperial Petroleum (IMPP) Q4 Earnings Surge 250% YoY to $0.35 EPS on Strong Tanker Utilization

March 7, 2026

PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block deal

March 7, 2026

As RTO surges, childcare benefits demand rises

March 7, 2026

Subscriber Search Is Now Up To 12x Faster

March 7, 2026

15 Legal Mistakes First-Time Founders Should Avoid

March 7, 2026

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Business, Finance and Market Growth News Site

Important Pages
  • Advertise with us
  • Submit Articles
  • About us
  • Contact us
Recent Posts
  • The best microSD Express cards for the Switch 2
  • Imperial Petroleum (IMPP) Q4 Earnings Surge 250% YoY to $0.35 EPS on Strong Tanker Utilization
  • PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block deal
© 2026 BusinessCircle.co
  • Privacy Policy
  • Terms and Conditions
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA

Type above and press Enter to search. Press Esc to cancel.