tax
Zomato, the listed foodtech giant, has received a tax demand and penalty order totalling over INR 4.59 crore related to goods and services tax (GST).In a regulatory filing, the company stated that the Assistant Commissioner of...
Pan masala makers to face INR 1 Lakh penalty from October 1 for non-registration of packing machines
The governÍŹÍŹmÍŹÍŹenÍŹt ÍŹhaÍŹsÍŹ set October 1ÍŹ aÍŹs thÍŹeÍŹ ÍŹdÍŹeadlÍŹine foÍŹrÍŹ eÍŹnÍŹÍŹÍŹfoÍŹrcing pÍŹeÍŹnÍŹÍŹalÍŹtieÍŹsÍŹ on ÍŹpan masala ÍŹand ÍŹsÍŹimiÍŹlarÍŹÍŹ tÍŹobacco pÍŹroÍŹducÍŹtÍŹ ÍŹmÍŹaÍŹnÍŹÍŹufaÍŹcturers wÍŹhÍŹo do not registerÍŹ their packÍŹing ÍŹmÍŹachiÍŹneryÍŹ ÍŹwÍŹitÍŹhÍŹ GST authoritiÍŹes.ÍŹ EarÍŹlÍŹier ÍŹthiÍŹs yeaÍŹrÍŹ, inÍŹ ÍŹMayÍŹ andÍŹÍŹ...
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FMCG giant Colgate-Palmolive India faces INR 248.74 Cr tax demand over transfer pricing
FMCG giant Colgate-Palmolive (India) Ltd hasÍŹ receiveÍŹdÍŹ ÍŹaÍŹ tax demaÍŹnd nÍŹotice ÍŹof ÍŹINRÍŹ ÍŹ248.74 cÍŹrore ÍŹfrÍŹom ÍŹthÍŹe IÍŹncÍŹome TaÍŹx AuÍŹthÍŹoÍŹrÍŹityÍŹ coÍŹncÍŹerniÍŹng a tranÍŹsfeÍŹrÍŹ pÍŹriÍŹciÍŹng...
India considers easing rice export restrictions to prevent oversupply ahead of new harvest
India, the world's largest rice ÍŹexporter, may ease restriÍŹctions oÍŹn exports of certain varieties to preveÍŹnt an oversÍŹupply in the country aheaÍŹd of the...
Zomato faces fresh INR 9.45 Cr GST demand notice from Karnataka Tax Authorities
Zomato, ÍŹthÍŹe onlineÍŹ ÍŹfoodÍŹ deliverÍŹy ÍŹplatforÍŹÍŹÍŹmÍŹ, ÍŹhas beenÍŹÍŹÍŹ issuedÍŹ a fresh ÍŹGoods and Services Tax (GST) demand noÍŹtiÍŹce for apÍŹproximÍŹÍŹaÍŹtely INR 9.ÍŹ45ÍŹÍŹ crore wÍŹith...
RAI pushes for tax cuts and policy reforms ahead of Union Budget FY25 to boost retail sector
The Retailers Association of India (RAI) has called for lowÍŹer taxesÍŹ to ÍŹstimulate demaÍŹnd and spur consÍŹumption. They are aÍŹlso seekinÍŹg ÍŹaccÍŹeÍŹss to lowÍŹ-costÍŹ...
GST authorities working on registration mechanism for ‘shared warehouse’ for e-commerce suppliers
GST authorities are developing a framework to address taxation and registration concerns pertaining to shared warehouses operated by e-commerce firms, an official said. These...
Zomato faces fresh GST penalty: Delhi Tax Authorities demand INR 2.22 Crore
Zomato, a leading player in the foodtech sector, has received a fresh penalty notice for Goods and Services Tax (GST) from Delhi's sales tax...
Zomato faces yet another GST notice, Gurugram Authority demands INR 11.8 Crore
Zomato, a foodtech giant, has received a fresh Goods and Services Tax (GST) notice amounting to INR 11.8 crore from the Gurugram GST authority.The...
Indian rice exporters hit with additional customs duties, face INR 2,000 Crore tax bill
Customs officials in India are demanding further duty payments from approximately 45 prominent rice exporters following the enforcement of a 20% export duty, which...
United Spirits faces INR 5.51 Crore tax demand over non-submission of statutory forms
United Spirits Ltd has stated that it has received a tax demand of INR 5.51 crore, including interest, for the non-submission of certain statutory...
Tax troubles continue for Zomato as INR 92 Cr demand notice adds to mounting woes
Zomato continues to face mounting challenges, as the foodtech company has been ordered to pay a service tax of INR 92 Cr. This comes...
Zomato’s GST saga continues: Karnataka tax authority slaps INR 23 Crore demand
Foodtech giant Zomato has received a tax demand, along with interest and penalty, totaling INR 23 crore from the Karnataka commercial taxes authority. The...
TGI Fridays offers a refreshing respite with new ‘The Tax Break’ cocktail
TGI Fridays, the casual restaurant chain, has unveiled a fresh cocktail called The Tax Break, aiming to offer a revitalizing escape amidst the tax...