The Income Tax Department has detected potential tax evasion exceeding ₹25,000 crore by restaurants.
Data from Swiggy and Zomato indicates around 8,000 restaurants failed to file returns despite ₹7,500 crore in estimated evasion.
Earlier surveys also revealed widespread underreporting. Authorities are planning targeted enforcement using data analytics to improve tax compliance.
सालभर "Bihari-Bihari" चिल्लाने वाले...
अब पितृपक्ष में गया जी जायेंगे,
अपने पितृ तृप्ति और शांति के लिए !!
खैर, पुरखों की मुक्ति का मामला है, थोड़ा एडजस्ट करना पड़ेगा। 😂
Reliance holds Rs. 3.74L Cr debt.
Sounds massive, but debt isn't always bad if used right:
- High ROI vs interest
- D/E ratio below 1
- Acts as a tax shield
- ICR (>3x)
- Predictable cash flow
Debt is leverage for growth. Business owners, what factors guide your loans?
Major update on Employee Provident Fund (EPF):
EPF wage ceiling increased from Rs.15,000 to Rs.25,000/month effective from September 17, 2026.
A major step towards widening social security coverage for more employees.
The Finance Ministry's new notification under the PSS Act. RuPay Debit Card & UPI transactions upto ₹2,000 will remain completely free of charge.
PSS Act officially opens the door for banks to start charging MDR fees on larger UPI transactions.