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Budget 2020: Telecom sector left high and dry, cash flow problem may intensify

Updated : February 03, 2020 10:56 AM IST

The proposal requiring payment of 20 percent of the tax for stay on demand by the tax tribunals, would result in further cash being blocked in litigation.
Burdened with enormous AGR demands, which are threatening the very survival of the industry players, the sector had pinned high hopes on the budget.
Budget 2020: Telecom sector left high and dry, cash flow problem may intensify

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