Image for representational purpose only. (Photo | PTI) 
Business

Tata Sky pays Rs 561 crore as licence fee for FY 2017-18 

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.

From our online archive

NEW DELHI: Leading Direct-to-Home operator Tata Sky 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 Tata Sky 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.

Trump warns 'won't be anything left' of Iran unless it agrees to deal

Kerala CM-designate Satheesan announces 20-member cabinet; 14 new faces, allies accommodated

Indian worker among four killed in one of biggest Ukrainian drone attacks on Russia

Police inaction claims spark outrage in Rajasthan after Jodhpur sisters’ suicide in alleged gangrape case

Drone strikes UAE nuclear plant as US and Iran signal they are prepared to resume war

SCROLL FOR NEXT