DoT panel recommends slab-based fines for violations committed by telcos: Media Report

Subscribe to GoodReturns

DoT panel recommends slab-based fines for violations committed by telcos: Media
A DoT panel has recommended classifying violations committed by telecom operators and introducing slabs with monetary fines ranging from Rs 1 lakh to Rs 50 crore, reported PTI.

Telecom Minister Kapil Sibal had asked the Department of Telecommunications (DoT) to work on rationalising penalties. The industry had repeatedly approached him saying that the maximum penalty of Rs 50 crore was being imposed even for minor mistakes like late submission of a document.

The government has realised little revenue from such penalties because they have been challenged in courts. The DoT panel has suggested examining violations on nine parameters and clubbing them under five heads.

Among various parameters, the DoT panel has suggested examining any violation in light of its impact on national exchequer, customers, public interest, national security, policy guidelines etc., said the report.

Dion Global Solutions Ltd.

Story first published: Thursday, March 6, 2014, 9:10 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?