Andhra Pradesh Directorate of Revenue Intelligence imposes penalties of ₹34 crore on firms involved in FiberNet scam thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Vijayawada: Andhra Pradesh State Directorate of Revenue Intelligence (APSDRI) has imposed a penalty of Rs 34.01 crore on M/s Fastlane Information Technologies Private Ltd for evading tax as part of ongoing investigation into the AP Fibernet scam case. The previous TDP regime had allegedly manipulated the tender process to award the Fibernet project worth Rs 330 crore to
Former Andhra Pradesh CM Chandrababu Naidu Granted Anticipatory Bail In Amaravati Inner Ring Road Case menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The AP FiberNet scam took place during the TDP regime between 2014-19. The Crime Investigation Department has found irregularities in AP State FiberNet Ltd (APSFL), putting the sum involved at ₹ 321 crore. The FiberNet project was meant to provide Internet and telephone services to all households in the state, as part of the Bharat Net project of the Government of India.