Click it and Unblock the Notifications
The Union Cabinet has approved the recent decision by an inter-ministerial panel to impose a one-time spectrum charge on all mobile phone companies. The approval is likely to fetch the government a sum in excess of Rs 30,0000 crores, though it would have to folk amounts for government owned entities including BSNL and MTNL.
The Empowered Group of Ministers (EGoM) had recently decided to impose a one-time spectrum charge on all existing operators.
According to news reports the Cabinet has also approved the EGoM's recommendation of levying a surcharge on operators with more than 6.2 MHz as per 2001-indexed price (Rs 1,658 crore) for four years beginning 2008.
Shares of telecom operators were trading higher following the news and despite weak market sentiments. Idea Cellular was up 1.59%, Bharti Airtel gained, while Reliance Communications was trading higher by 0.43%.
GoodReturns.in
More From GoodReturns
New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?
LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged
Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?
Gas Cylinder Booking Rules: 5 Things To Know For Your 14.2Kg, 19KG, 5KG, 10KG LPG Booking In April 2026
Gold Rate Today Continues Rally, 24K Jumps Over Rs 35000 in 2 Days; 22K & 18K Gold, Silver Prices in Delhi
Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya
Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April
Gold Price Today, April 3: 22K, 24K Rates Jump Across Tanishq, Malabar, Kalyan & Joyalukkas & IBJA
5 New Shares On One Soon: Anil Agarwal's Vedanta Demerger To Take Place in April, Says Report
Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March
Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis
Sign in with Google