Aparna Lucknow, India 601 Questions 0 Answers 0 Best Answers 678 Points View Profile Aparna Asked: October 18, 20212021-10-18T19:58:41+05:30 2021-10-18T19:58:41+05:30In: Economics What is Adjusted Gross Revenue (AGR)? Adjusted Gross Revenue (AGR). current affiairsinfrastructure Share Facebook 1 Answer Recent 0 Questions 518 Answers 176 Best Answers 0 Points View Profile [Deleted User] 2021-10-18T20:05:05+05:30Added an answer on October 18, 2021 at 8:05 pm Context: The Supreme Court has allowed telecom companies 10 years’ time to pay their adjusted gross revenue (AGR) dues to the government. About: Adjusted Gross Revenue (AGR) is the usage and licensing fee that telecom operators are charged by the Department of Telecommunications (DoT). It is divided into spectrum usage charges and licensing fees, pegged between 3-5 percent and 8 percent respectively. As per DoT, the charges are calculated based on all revenues earned by a telco – including non-telecom-related sources such as deposit interests and asset sales. The telecom sector was liberalized under the National Telecom Policy, 1994 after which licenses were issued to companies in return for a fixed license fee. However, to provide relief from the steep fixed license fee, the government in 1999 gave an option to the licensees to migrate to the revenue sharing fee model. The DoT argued that AGR includes all revenues (before discounts) from both telecom and non-telecom services. The companies claimed that AGR should comprise just the revenue accrued from core services and not dividend, interest income, or profit on the sale of any investment or fixed assets. 0 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions What is Inauguration of country’s First Private LNG Facility plant at Nagpur? What is Chenab Arch Bridge set to be world’s highest rail bridge?
The Supreme Court has allowed telecom companies 10 years’ time to pay their adjusted gross revenue (AGR) dues to the government.