Ravi Shankar Prasad asks Fin Min to hasten I-T refund to BSNL

Telecom minister Ravi Shankar Prasad has exhorted the finance ministry to hasten a pending Rs 7,000-crore income tax refund to Bharat Sanchar Nigam (BSNL) in a bid to revive the struggling state-run telecom company before its proposed merger with Mahanagar Telephone Nigam (MTNL) next year. 

In parallel, the Telecom Commission (TC) is taking steps to arrange an early Rs 6,794 crore refund for BSNL's surrendered 4G airwaves coupled along with a waiver of microwave charges incurred annua ..