Zomato receives Rs 23 crore tax notice from Karnataka authority
Zomato received a tax demand, interest, along with penalty, to the tune of Rs 23.26 crore from Assistant Commissioner of Commercial Taxes (Audit), Karnataka, the company said on Sunday.
Zomato received a tax demand, interest, along with penalty, to the tune of Rs 23.26 crore from Assistant Commissioner of Commercial Taxes (Audit), Karnataka, the company said on Sunday.
While posts on WhatsApp would have us believe that taxpayers, who are allegedly in a minuscule minority, are a muchharassed lot, the Government pushes a diametrically opposite narrative viz.
The provisional figures of Direct Tax collections continue to register steady growth.
Australia, like much of the world, finds itself navigating turbulent economic waters. In a bid to ease the financial strain on citizens, Prime Minister Anthony Albanese has announced a bold move to reshape tax cuts, a decision that has sparked both support and controversy.
An earlier e-mail with an attachment from an American friend popped up suddenly. His water and sewerage bill would cost him $900 a year after a discount from January 2024, up from about $676 just six months ago, a neat Rs 20,000 jump in Indian terms. He would have to pay about Rs 75,000, up from around Rs 55,000.
Washington opposes the efforts to tax revenues from online sales and advertising, saying they single out US tech giants like Google, Apple, Facebook, Amazon and Netflix.
Liquor shops were shut for almost 40 days due to the lockdown to curb the coronavirus outbreak.
The Finance Ministry on Sunday had slammed the report released under the aegis of the Indian Revenue Service Association (IRSA), terming it ill-conceived and ordered an inquiry.
The ordinance also extends the deadline for the income tax and GST return filing for the financial year 2018-19 till June 30, 2020, as announced by Finance Minister Nirmala Sitharaman last week.
Speaking at Shri Ram Economic Summit organised by the economics department of Shri Ram College of Commerce (SRCC), the Rajya Sabha MP said that ordinarily, the explanation for the failing economy should have come from the government.
