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...
02 Apr, 2025, 08.07 AM IST
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...
01 Apr, 2025, 09.51 PM IST
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...
04 Feb, 2025, 07.33 PM IST
Zomato's global finance head Hemal Jain resignsHemal Jain, Zomato's global head of finance and CFO of Hyperpure, has resigned after six years with the company to pursue other opportuniti...
16 Dec, 2024, 11.19 PM IST
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...
16 Dec, 2024, 06.00 AM IST
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 ...
13 Dec, 2024, 07.52 AM IST
Zomato gets Rs 4.59 crore tax demand noticesThe company said it plans to appeal against the demand orders passed by the Assistant Commissioner of GST and Central Excise, Nungambakkam ...
29 Aug, 2024, 04.27 PM IST
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...
30 Jun, 2024, 07.59 PM IST
Zomato gets Rs 11.82 crore tax demand noticeZomato faces Rs 11.82 crore tax demand and penalty order by the Additional Commissioner, Central Goods and Services Tax, Gurugram, related ...
20 Apr, 2024, 06.43 PM IST
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...
02 Apr, 2024, 10.04 PM IST
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...
01 Apr, 2024, 07.58 AM IST
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.
04 Jan, 2024, 08.38 PM IST
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...
31 Dec, 2023, 08.58 PM IST
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...
28 Dec, 2023, 07.47 PM IST
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...
28 Dec, 2023, 01.26 PM IST
Zomato shares fall 5% on Rs 402 crore tax noticeZomato received a show cause notice (SCN) on 26 December 2023 under Section 74(1) of the Central Goods and Services Tax Act, 2017 from the ...
28 Dec, 2023, 12.16 PM IST
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...
24 Nov, 2023, 06.00 AM IST