4 months ago
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Vodafone Idea Ltd. said connected Friday (January 9, 2026) that it had received an authoritative connection from the Union authorities notifying it of the six-year fiscal alleviation the Union Cabinet approved for the telco astatine the extremity of December.
“The AGR dues (Principal + Interest + Penalty and Interest connected Penalty) of the Company (for the play from FY 2006-07 to FY 2018-19) arsenic of 31.12.2025 shall beryllium frozen and shall beryllium payable” astatine a maximum of “Rs. 124 crore to beryllium paid annually implicit adjacent 6 years i.e. March’ 2026 to March’ 2031,” VIL said successful its filing. The dues person been frozen astatine ₹87,695 crore.
“₹100 crore [would beryllium due] to beryllium paid annually implicit 4 years, i.e. March’ 2032 to March’ 2035,” and “remaining AGR dues has to beryllium paid successful adjacent instalments annually implicit 6 years, i.e. March’ 2036 to March’ 2041,” the telco said. “A committee is to beryllium constituted by the Department of Telecommunications (DoT) to reassess the AGR dues, whose determination shall beryllium final. Thereafter, the reassessed magnitude is to beryllium repaid betwixt March’ 2036 to March’ 2041 successful adjacent yearly installments.”
VIL banal has been up implicit 5% implicit the past 30 days arsenic quality of the alleviation trickled in. The DoT acted aft the Supreme Court implicit October and November 2025 said that it would let the authorities to reconsider VIL’s outgo schedule. The government, which acquired a 49% equity involvement successful VIL, said that it was successful the involvement of the competitiveness of the telecom marketplace to guarantee the firm’s survival, and that the frost would support its stake.
