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MTNL receives Rs 129.82 crore as income tax refund for assessment year 2006-07

10 Apr 2015 Evaluate

Mahanagar Telephone Nigam (MTNL) has received income tax refund for the assessment year 2006-07 amounting to Rs 129.82 crore. Of total, Rs 21.18 crore is interest on refund.

MTNL was set up by the Government of India to upgrade the quality of telecom services, expand the telecom network, and introduce new services and to raise revenue for telecom development needs of India's key metros -- Delhi and Mumbai.

Peers
Company Name CMP
Bharti Airtel 1832.00
Vodafone Idea 14.96
Indus Towers 387.65
Tata Communications 1763.25
Railtel Corp. India 259.85
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