DoT issues SOP for deduction verification
By MYBRANDBOOK
The Department of Telecommunications has issued a Standard Operating Procedure (SOP) to ensure greater levels of standardization, efficiency as well as transparency and accountability in the deduction verification process.
The field offices of DoT i.e., Offices of Principal Controllers of Communication Accounts and Controllers of Communication Accounts have been directed to ensure compliance with the SOP. This SOP will be applicable for the deduction verification process pertaining to FY 2021-22 onwards.
The objectives of this SOP are to facilitate and ensure efficient and timely processing of deduction claims, consistency & uniformity across verifying authorities, transparency and accountability of verifying authorities, reduction of department-industry disputes and litigation and revenue assurance by standardising admissibility/inadmissibility of claims.
DoT has also launched new revenue management system from FY 2020-21-SARAS (System for Assessment of LF Revenue & SUC) to ease, standardise and digitise all aspects of telecom finance compliance, including submission of AGR Statements/Deduction claim/BGs and related documents, LF/SUC payments, Deduction verification, LF/SUC assessment, BG Management, and related ancillary processes, across the life cycle of a licensee.
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
INFOSYS TECHNOLOGIES PVT. LTD.
DATA SAFEGUARD INDIA PRIVATE LIMITED
SAMSUNG INDIA ELECTRONICS LTD.
GLOBUS INFOCOM LTD.
ICONS OF INDIA : SOM SATSANGI
With more than three decades in the IT Sector, Som is responsible for ...
Icons Of India : ALOK OHRIE
Alok Ohrie leads Dell Technologies’ India business, overseeing Sales...
Icons Of India : Kumar Mangalam Birla
Aditya Birla Group chairman Kumar Mangalam Birla recently made a comeb...
BSE - Bombay Stock Exchange
The Bombay Stock Exchange (BSE) is one of India’s largest and oldest...
HPCL - Hindustan Petroleum Corporation Ltd.
HPCL is an integrated oil and gas company involved in refining, market...
NSE - National Stock Exchange
NSE is the leading stock exchange in India....
Indian Tech Talent Excelling The Tech World - Satya Nadella, Chairman & CEO- Microsoft
Satya Nadella, the Chairman and CEO of Microsoft, recently emphasized ...
Indian Tech Talent Excelling The Tech World - Aneel Bhusri, CEO, Workday
Aneel Bhusri, Co-Founder and Executive Chair at Workday, has been a le...
Indian Tech Talent Excelling The Tech World - Aman Bhutani, CEO, GoDaddy
Aman Bhutani, the self-taught techie and CEO of GoDaddy, oversees a co...