Trai drops 1% turnover penalty proposal, caps telcos’ false reporting fine at ₹5 cr

Trai drops 1% turnover penalty proposal, caps telcos’ false reporting fine at ₹5 cr

The telecom regulator bows to industry pressure, replacing the controversial percentage-based fines with a fixed, slab-based framework for incorrect financial reports. This move offers significant relief to operators.

The Telecom Regulatory Authority of India (Trai) has dropped a proposal to impose penalties of up to 1% of turnover on service providers that file incorrect financial reports after objections by oper… [+5361 chars]
Trai drops 1% turnover penalty proposal, caps telcos’ false reporting fine at ₹5 cr - FHMnews