The ever-increasing dependence on Global Positioning System (GPS) signals for applications based on communication and navigation has put more stringent demands for position determination with highest level of achievable accuracy. Satellite signals are commonly subject to propagation effects introduced by the medium of propagation that result in receiver position errors. One major source of error in the GPS signal results from group delay/carrier phase advance introduced by the Total Electron Content (TEC) present in the ionosphere along the ray path of the signal (Basu et al., 1999;DasGupta et al., 2004). Variation in TEC values could depend on a number of parameters like solar activity (predominant source of variability), local time, season, and geomagnetic conditions (Aarons, 1982;Carrano et al., 2012). In addition, location plays an important role as some of the highest values of TEC are observed in equatorial and low-latitude regions (Aarons, 1982;DasGupta et al., 2006). Therefore, due to the influence of these effects, the positional accuracy of a receiver can be critically compromised, especially in equatorial region (Paul et al., 2017). While arriving at a position solution, stand-alone single frequency receivers rely upon model-based ionospheric error correction, whereas dual-frequency receivers are at advantage of removing the first order ionospheric delay effects, using direct TEC measurement. Therefore, ionospheric effects can be dominant for single-frequency stand-alone GPS receiver and relatively less for dual-frequency receiver and Differential Global Positioning System (DGPS). The ionospheric error budget is measured to reduce from 4 m for single frequency receivers to 1 m for dual-frequency receivers (Spilker et al., 1996). Previous reports by Skone and Shrestha (2002) reveal that the position determined by DGPS was degraded up to 25-30 m, at a location near equatorial anomaly in Brazil, during a high solar activity period of 1999-2000. Positioning error by a single frequency GPS receiver has been reported to be tens of meters during intense scintillation periods in Thailand (Dubey et al., 2006).The ionosphere being a dispersive medium, group delay (carrier phase advance) of a radio signal, is a function of the frequency (f) of operation (