{"id":48083,"date":"2026-01-01T17:09:03","date_gmt":"2026-01-01T17:09:03","guid":{"rendered":"https:\/\/newsvog.com\/ur\/48083"},"modified":"2026-01-01T17:09:05","modified_gmt":"2026-01-01T17:09:05","slug":"indias-vodafone-idea-gets-71-million-tax-penalty","status":"publish","type":"post","link":"https:\/\/newsvog.com\/ur\/48083","title":{"rendered":"India&#8217;s Vodafone Idea gets $71 million tax penalty"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div style=\"min-height:300px\">\n<p><strong>Indian telecom operator Vodafone Idea said on Thursday it had received an order levying a penalty of 6.38 billion rupees (nearly $71 million), for alleged \u201cshort payment\u201d of taxes.<\/strong><\/p>\n<p>The order, issued by a goods and services tax authority, comes a day after the Indian government granted the debt-saddled firm a partial moratorium on adjusted gross revenue (AGR) dues, disappointing investors who had hoped for a waiver.<\/p>\n<p>Vodafone Idea, jointly owned by India\u2019s Aditya Birla Group and Vodafone Group, said it does not agree with the penalty order and would take legal action against the same.<\/p>\n<p>Shares of the country\u2019s no. 3 telecom player closed 7.8% higher on Thursday after having dropped about 11% on Wednesday, when the government\u2019s five-year moratorium was announced, freezing payments of $9.76 billion.<\/p>\n<p>Analysts at Emkay said in a note on Friday that a moratorium would not be sufficient to solve Vodafone Idea\u2019s liquidity issues.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/arynews.tv\/vodafone-faces-penalty-over-short-payment-issues\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian telecom operator Vodafone Idea said on Thursday it had received an order levying a penalty of 6.38 billion rupees (nearly $71 million), for alleged \u201cshort payment\u201d of taxes. The order, issued by a goods and services tax authority, comes a day after the Indian government granted the debt-saddled firm a partial moratorium on adjusted gross revenue (AGR) dues, disappointing&#8230;<\/p>\n","protected":false},"author":1,"featured_media":48084,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-48083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan"],"taxonomy_info":{"category":[{"value":16,"label":"Pakistan"}]},"featured_image_src_large":["https:\/\/newsvog.com\/ur\/wp-content\/uploads\/1767287345_unnamed-file.jpg",750,369,false],"author_info":{"display_name":"frkhokhar@gmail.com","author_link":"https:\/\/newsvog.com\/ur\/author\/frkhokhargmail-com"},"comment_info":0,"category_info":[{"term_id":16,"name":"Pakistan","slug":"pakistan","term_group":0,"term_taxonomy_id":16,"taxonomy":"category","description":"All about Pakistan","parent":0,"count":2560,"filter":"raw","cat_ID":16,"category_count":2560,"category_description":"All about Pakistan","cat_name":"Pakistan","category_nicename":"pakistan","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/posts\/48083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/comments?post=48083"}],"version-history":[{"count":0,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/posts\/48083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/media\/48084"}],"wp:attachment":[{"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/media?parent=48083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/categories?post=48083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsvog.com\/ur\/wp-json\/wp\/v2\/tags?post=48083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}