Sought cut in taxes, levies for sector: Sunil Mittal after meeting Telecom Minister

Bharti Airtel Chairman Sunil Mittal on Thursday met Telecom Minister Ravi Shankar Prasad and sought cut in taxes and levies for the sector, amid the "unprecedented" AGR crisis. Mittal said Airtel is committed to complying with the Supreme Court order on adjusted gross revenue (AGR) dues and asserted that the company will make balance payment "expeditiously".

READ | Airtel, Vodafone, Idea Make Part Payment; DoT Mulls Encashing Bank Guarantees

"AGR is an unprecedented crisis for the industry, which is being dealt with by government," he said. Mittal further said the industry is heavily taxed and suggested cut in taxes and levies for the sector. He said Airtel has time till March 17 to make balance payments, adding that the company will pay its dues "much before that".

READ | Airtel Pays Rs 10,000 Crore To Govt Towards AGR Dues

Image Credits: PTI