MTNL-BSNL service agreement awaits as DoT checks for tax implications

The Department of Telecommunications (DoT) is currently scrutinising potential tax implications before granting final approval to a significant 10-year service agreement between Mahanagar Telephone Nigam Ltd (MTNL) and Bharat Sanchar Nigam Ltd (BSNL), according to a report by the Financial Express. This agreement, approved by MTNL’s board on Wednesday, is a strategic move that allows BSNL to manage MTNL’s operations without merging the two state-run telecom giants.