New Delhi July 21 (IANS) Telecom majors in India under-reported their revenues to the tune of Rs 61 064.5 crore during 2010-11 and 2014-15 leading to a "short payment" of Rs 7 697.6 crore to the government the national auditor said on Friday.
The Comptroller and Auditor General s (CAG) report titled "Sharing of Revenue by Private Telecom Service Providers" tabled in the Lok Sabha on Friday pertains to the period of audit 2010-11 to 2014-15 for Bharti Airtel Vodafone India Idea Cellular Reliance Communications and Aircel.
Instead for Sistema Shyam Teleservices Ltd (SSTL). the audit period is from 2006-07 to 2014-15.
"The verification of records of six PSPs (private service providers) by audit indicated total understatement of adjusted gross revenue (AGR) of Rs 61 064.56 crore by the six telecom companies " CAG said.
There was "consequent short payment of revenue share to the Government of India to the tune of Rs 7 697.62 crore" it said.
"The interest due on short paid revenue share for the period up to March 2016 was Rs 4 531.62 crore " it added.
--IANS
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