Swiggy Gets Tax Demand Of INR 7.6 Cr From Maharashtra Govt

Tax authorities alleged that Swiggy “violated” provisions pertaining to deduction of Profession Tax from the employees salary

Swiggy plans to challenge the tax authorities as it believes it has strong arguments against the tax demand order

At 9:58 AM, shares of Swiggy were trading 5.71% lower at INR 317.95 apiece on the BSE.

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.

The Office of the Profession Tax…