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TataSky pays Rs 561 cr as licence fee for FY 2017-18

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Press Trust of India New Delhi

Leading Direct-to-Home operator TataSky today said it has paid Rs 561 crore as licence fee to the government for 2017-18 financial year.

The company has paid a total of Rs 2,200 crore in the last fiscal ended on March 31, 2018, which includes GST, state entertainment taxes and some other taxes, TataSky said in a statement.

The Information & Broadcasting (I&B) ministry rules mandate DTH operators to pay 10 per cent of their gross revenue as their annual fee to the government.

Commenting on the development TataSky MD & CEO Harit Nagpal said: "With the payment made today, we have paid Licence Fee, past and current as per specified rates, regardless of pending litigations between the government and the platforms."

Tata Sky is a joint venture between the Tata Sons and 21st Century Fox.

 

According to the company, it has footprints spread across 1.5 lakh towns with over 18 million connections.

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First Published: May 02 2018 | 5:35 PM IST

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