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ZOMATO TAX
Market wrap: Sensex closes flat, Nifty holds 23,400; Titan, Eternal lead gainsIndian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settlin...- Sensex recovers 700 points from day’s low, Nifty rises above 23,450. 5 key factors behind market reboundIndian stock markets staged a strong comeback, with Sensex and Nifty recovering significantly from morning lows. Falling oil prices, a stre...
- Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...
- Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
- Why market rose today? Sensex rises 790 points, Nifty closes near 23,700. 5 key drivers behind surgeIndian stock markets are experiencing a significant rally. The BSE Sensex and Nifty 50 indices have climbed over 1 percent each. This surge...
- ETtech Explainer: What does Blinkit’s growth moderation mean for rivals?The platform recently reported its second straight quarter of positive adjusted Ebitda (earnings before interest, taxes, depreciation and a...
- Eternal shares rally over 4% after strong Q4 results. What CLSA, Goldman Sachs, 4 others are sayingEternal's shares surged after reporting a 346% YoY net profit jump to Rs 174 crore, driven by a 196% revenue increase. Blinkit's quick comm...
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Zomato says GST authorities dropped Rs 5.9 crore tax demandZomato announced that tax authorities have dropped a Rs 5.9 crore GST demand for unpaid dues from July 2017 to March 2021, after a favorabl...
- ETtech Explainer: What’s behind the Rs 803-crore GST demand on Zomato?Indian food delivery giant Zomato received Rs 803 crore GST notice. The government says Zomato should pay tax on delivery fees. Zomato argu...
- Zomato receives tax demand of Rs 803 crore from GST authoritiesFood and grocery delivery major Zomato has received a tax demand notice of Rs 803.4 crore from GST authorities in Maharashtra, the company ...
- Zomato enables delivery partners to claim TDS refundsThe food delivery platform said the delivery partners can receive over Rs 40 crore in refunds by going live on the Zomato Delivery Partner ...
- Zomato gets Rs 9.5 crore tax demand, company to appeal against orderFood delivery company Zomato said it has received a tax demand from the Karnataka authorities, aggregating to Rs 9.5 crore. This is the lat...
- Zomato gets service tax demand and penalty order of Rs 184 croreThe demand order has been received for non-payment of service tax for the period October 2014 to June 2017 determined on the basis of certa...
- Zomato gets tax demand order of Rs 23 croreZomato to appeal Rs 23.26 crore tax demand from Karnataka for FY 2018-19, including GST of Rs 11,27,23,564. Confident in a strong case, Zom...
- Zomato gets fresh GST notices for Rs 4.2 crore; plans to appeal against demandsZomato said it was issued show-cause notices earlier over these demands and that it had submitted its response. But “authorities in Delhi a...
- ETtech Explainer: The Rs 402 crore GST notice that sent Zomato’s shares tumblingOn Thursday, shares of food delivery platform Zomato bucked the trend and opened 1.7% lower despite upbeat broader markets rally to set new...
- Zomato receives Rs 402 crore unpaid GST notice, company contests chargesZomato said it received the GST notice on December 26 to show cause as to why an alleged tax liability of the said amount for the period Oc...
- Zomato, Swiggy want to clarify stance to DGGI on tax noticeCompanies are expected to tell officials that delivery fees are not accounted for as revenue, but passed on to delivery workers and hence c...
- Tipping point: New GST rules to complicate tax on tips, surge fees or extra delivery charges for Swiggy and ZomatoBoth the companies in the past one week have also reached out to their tax advisors to seek clarity around this. This would mean that Swigg...
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