India’s Supreme Court may have paved the way to erase half of the country’s budget deficit
On October 24, India's top court ordered that companies will be liable to pay statutory dues even on non-telecom revenue earned using spectrum. The amount of money that the government can make, thanks to this verdict, may be good enough to erase nearly half the country’s budget deficit of ₹7.2 lakh crore.
On October 24, India's top court ordered that companies will be liable to pay statutory dues even on non-telecom revenue earned using spectrum. The amount of money that the government can make, thanks to this verdict, may be good enough to erase nearly half the country’s budget deficit of ₹7.2 lakh crore.
