Indian Telcos’ AGR Relief Hopes Dwindle as Finance Ministry Prioritizes Revenue

India’s telecom service providers face an uphill battle in their quest for relief from levies on adjusted gross revenue (AGR). Despite pleas for reduction or removal of license and USO fees, the Union Finance Ministry remains hesitant due to concerns over potential revenue loss. This decision could stifle investment and innovation in the sector, with experts arguing for a more rational approach to ensure a robust telecom infrastructure.

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