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SWIGGY TAX NOTICE
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
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 ...
Zepto gets Sebi nod for IPO; issue size pegged at Rs 8,000-9,000 crore: sourcesQuick commerce firm Zepto has secured Sebi's nod for its initial public offering, paving the way for an updated draft prospectus in the nex...
Zomato, Swiggy face Rs 180-200 crore GST hit, plan to pass on burden to delivery partners, customersZomato and Swiggy are set to face an additional GST burden of Rs 180-200 crore annually following a GST Council clarification. The companie...
Axis Bank Privilege Credit Card: How to get discounts on domestic, international flights with YatraAxis Bank Privilege Credit Cardholders on the American Express Network can enjoy exclusive benefits on food, shopping, and travel until Jun...
Swiggy receives Rs 7.6-crore notice from Pune profession tax departmentSwiggy has received a Rs 7.6 crore tax notice from Pune's profession tax department for FY22, adding to total demands nearing Rs 167 crore....
Swiggy shares in focus after Rs 158 crore tax demand, firm plans to appealSwiggy shares: Earlier, the Bengaluru-based company received notices from the Income Tax Department regarding unpaid dues related to cancel...
Fintechs plug into EVs; Groww’s CCI nodHappy Wednesday! Fintech startups are tapping into India’s growing commercial EV market. This and more in today’s ETtech Morning Dispatch.
Swiggy faces Rs 158 crore tax demand, plans to appealSwiggy received an assessment order for Rs 158.25 crore unpaid dues, citing tax issues on cancellation charges and interest income. This re...
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 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...
Swiggy investor Invesco raises food delivery firm’s valuation by 9% to $8.5 billionInvesco has also revised the valuation of fintech startup Pine Labs to $3.9 billion, from $4.1 billion earlier.
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...
Not on the GST menuIn November, Zomato, holding the largest market share in the country's online food delivery sector, received a GST notice of ₹400 crore fro...
Inside Appario Retail’s change of plans; Dealshare loses two cofoundersIn a strategic shift, Amazon India is seeking a new joint venture partner for its leading seller, Appario Retail, to ensure its operations ...
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...
Food-delivery firms Zomato, Swiggy clock only 7% growth in biz during IPL: reportWith consumer internet firms chasing profitability, the spends on marketing for online food delivery platforms like Zomato and Swiggy were ...