Zomato Faces Massive ₹9.45 Crore GST Demand Notice
As per the BSE exchange filing, on June 30, Karnataka’s Assistant Commissioner of Commercial Taxes issued a GST demand notice to Zomato for Rs. 9.45 crore, including interest and penalty. The company’s exchange filing mentions, “This is to inform that the company has received an order for FY 2019-20 pursuant to the audit of GST…
Himanshu
Karnataka Government Approves Projects Worth $4.09 Billion
In an attempt to uplift the state’s economy, the Karnataka government has approved 14 investment projects worth $4.09 billion. According to the state authority, these projects have the potential to generate around 13,308 jobs in Karnataka. Out of the 14 approved projects, 10 are brand new, while the remaining 4 are old projects planned to…
Aman Goyal
ISMC To Invest In Karnataka To Set Up Chip-making Plant
International Semiconductor Consortium ISMC announced on May 1 to set up a chip-making plant with an investment of $3 billion (around Rs. 23 000 crores) in Karnataka. ISMC digital fab, one of the three applicants for the Union Government’s $10 billion incentives for semiconductors manufacturing, has already started its executions and signed the agreement with…
Shipra Prajapati