New Delhi, March 7 (IANS) E-commerce marketplace Meesho has received an income tax demand of nearly Rs 1,500 crore for the assessment year 2023–24 and said it will challenge the order, stating that it disagrees with the tax department’s observations.The demand was issued through an assessment order under Section 143(3) of the Income Tax Act, 1961 along with a demand notice under Section 156.According to an exchange filing, the tax authorities have raised a total demand of Rs 1,499.73 crore, …
Latest Meesho News & Updates
New Delhi, Jan 16 (IANS) The Central Consumer Protection Authority (CCPA) has taken suo motu cognisance of the large-scale illegal listing and sale of walkie-talkies (personal mobile radios) on e-commerce platforms and has imposed monetary penalties on leading online marketplaces such as Amazon, Flipkart, and Meta for violations of consumer protection laws and telecom regulations, according to an official statement issued on Friday.Many of these devices were found to operate in the ultra-high fr…
New Delhi, Jan 15 (IANS) India’s leading startup founders on Thursday said that the country’s startup ecosystem has seen unprecedented growth over the past decade, driven by stable policymaking, a supportive government and a strong entrepreneurial culture. As the Startup India initiative completes ten years on January 16, entrepreneurs believe that India has emerged as one of the most attractive destinations for global investors and that the future of entrepreneurship in the country looks br…
Bhubaneswar, Jan 11 (IANS) In a major crackdown, the Commissionerate Police, Bhubaneswar-Cuttack, on Sunday busted an interstate cybercriminal racket operating from the state capital, by arresting 12 accused persons, said Police Commissioner S Dev Datta Singh. Singh revealed that of these, seven persons belong to Bihar, four hail from Kerala, and one is from Odisha.“Working on credible information, the Commissionerate Police swiftly acted upon and busted a well-organised interstate cyber fraud…
New Delhi, Dec 26 (IANS) The Delhi High Court has granted an ad-interim injunction in favour of actor and Andhra Pradesh Deputy Chief Minister Pawan Kalyan, restraining multiple online marketplaces, AI platforms, websites and unidentified entities from misusing his name, image, voice, likeness and other attributes of his personality for commercial gain. A single-judge Bench of Justice Manmeet Pritam Singh Arora passed the ex parte order in a suit filed by Kalyan seeking protection of his persona…