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Swiggy Gets Tax Demand Of INR 7.6 Cr From Maharashtra Govt

  • The Maharashtra government has ordered Swiggy to pay INR 7.59 Cr in back taxes for alleged violation of professional tax deduction from employees salary.
  • Swiggy plans to challenge the tax authorities as it believes it has strong arguments against the tax demand order.
  • Swiggy has received several other tax notices, including a INR 500 Cr GST demand, pertaining to allegedly unpaid tax on delivery fees collected by the platform as revenue.
  • Swiggy's tax troubles come at a time when the company is striving to improve its bottom line and turn profitable, while aggressively expanding into newer segments.

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