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Swiggy faces Rs 7.59 crore tax demand from Pune Profession Tax dept; plans to appeal

  • Swiggy has received a tax demand of Rs 7.59 crore from the Profession Tax department in Pune for the financial year 2021-22.
  • Officials allege that Swiggy violated provisions related to the deduction of Profession Tax from employees' salaries.
  • Swiggy plans to challenge the order, stating it has strong grounds for review or appeal and that it won't significantly impact its financials or operations.
  • Swiggy also received a separate tax demand of more than Rs 158 crore from the Deputy Commissioner of Income Tax in Bengaluru for the same period.

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