Vodafone Idea, Bharti Airtel shares in focus today after SC allows tax credit claims on infra duties

  • Posted on November 21, 2024
  • By Business News Today
  • 1 Views
Vodafone Idea, Bharti Airtel shares in focus today after SC allows tax credit claims on infra duties

The Supreme Court of India has ruled that telecom companies can claim tax credits for duties paid on equipment like tower components and shelters. This decision overturns a previous Bombay High Court ruling and is expected to provide significant financial relief to companies like Bharti Airtel and Vodafone Idea by allowing them to claim credits previously deemed ineligible.
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