The IT department has contended that by scheme of arrangement, the transferor company Reliance Jio Infocomm.

Reliance Jio is offering 1,000 minutes per month (28-day cycle) of free calling every month across all plans.

Airtel, Voda Idea raise tariffs by up to 50 per cent, Jio by 40 per cent.

Jio said that the telecom regulator TRAI is likely to initiate consultation process for revision in telecom tariffs.

Airtel said that IUC should not come down to zero and the BAK regime should be postponed by at least three years.

Supreme Court in its October 24 order has clearly settled the base on which statutory levies have to be paid, said Reliance Jio.

The telcos to pay the principal due together with interest and penalties within three months.

Service providers have sufficient financial capacity to pay govt dues by monetising their existing investments and by issuing fresh equity.

Indian government has created a panel to work out a financial bailout package that may include lowering of spectrum charges.

Jio has come out with four new monthly plans in range of Rs 75 to 185 with 500 minutes of talk time for calls made to other networks.