DoT amends telecom licence norms to relax penal provisions

DoT amends telecom licence norms to relax penal provisions The department will now charge 2 per cent interest above the one-year marginal cost of lending rate (MCLR) of State Bank of India for delay in payment of licence fees or any other statutory dues and the interest will be compounded annually.

from Moneycontrol Business News https://ift.tt/3FaGV6W
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