GJC Urges Gujarat Govt To Form Vigilance Panel For Jewellers
GJC requests Gujarat government to set up a state-level vigilance committee to safeguard jewellers and ensure transparency through joint SOPs.
Fashion & Lifestyle
Companies
Consumer
Food
FSSAI Asks FBOs To Not File False, Misleading Annual Returns
- by BW Retail World Bureau
- July 14, 2025
FSSAI states that giving false or misleading information in annual returns will attract severe penalties under Section 61 of the FSS Act 2006
Brands
Companies
News
People
Paytm Founder Sharma Steps Down As Payments Bank Chair Following Central Bank Crackdown
- by BW Retail World Bureau
- February 27, 2024
Paytm said on Monday that Vijay Shekhar Sharma stepped down as non-executive chairman and board member from its payments bank, as the troubled digital payments startup restructured its board following a central bank crackdown. According to the media report, the action against Paytm Payments Bank was prompted by “serious supervisory concerns,” such as inadequate customer […]
Government
News
States
Relief For Small Bars In Goa, Opt For 2% Composition Scheme Under VAT
- by BW Retail World Bureau
- February 22, 2024
To provide relief to small bars and taverns with an annual business turnover of less than Rs 10 lakh, recently brought under the Value Added Tax (VAT), the Indian government has introduced an option for these entities to opt for the ‘composition scheme.’ This scheme allows them to pay just 2 per cent of their […]
Brands
Companies
Feature
Finance
News
What’s Up With Paytm Stock As RBI Repeals The Unicorn’s Horn?
- by Krishankant Chourasia
- February 14, 2024
The RBI has restricted Paytm Payment Banks from taking any further deposits or credit transactions which results in 55 per cent loss to the Paytm stocks One of the first unicorns of the Indian startup ecosystem, Paytm, which operates under the umbrella brand One97 Communication, was hit by an unexpected whip from the country’s central […]
E-commerce & Marketplaces
Finance
Food & Beverage.
Government
News
States
Zomato Receives Fresh GST Notices For Rs 4.2 Cr
- by BW Retail World Bureau
- January 1, 2024
Food delivery platform Zomato revealed on Sunday that it has been served with notices from tax authorities in Delhi and Karnataka regarding purportedly insufficient payment of goods and services tax in 2018, amounting to Rs 4.2 crore. Zomato, in a filing with stock exchanges, stated its intention to contest the tax demand notices and emphasised […]
Brands
Companies
Finance
News
Zomato Faces Rs 401.7 Cr Tax Liability Notice From GST Office
- by BW Retail World Bureau
- December 28, 2023
In a regulatory filing on 28 December, 2023, prominent online food delivery platform Zomatohas stated that it has received a show cause notice (SCN) from the Goods and Services Tax (GST) office. The notice pertains to an alleged tax liability of Rs 401.7 crore, accompanied by interest and penalties, related to the collection of delivery […]
Brands
Companies
Finance
News
Adani Wilmar To Divest 1.6 Cr Shares To Meet SEBI Compliance, Adjusting Promoter Stake
- by BW Retail World Bureau
- December 25, 2023
Adani Wilmar’s plan to meet the minimum public shareholding requirement involves its two promoter entities, Adani Commodities and Lence Pte, intending to sell approximately 1.6 crore shares, which represents 1.24 per cent of the company. This move aligns with regulatory obligations set by the Securities and Exchange Board of India, mandating companies to maintain a […]
Companies
Government
News
Retail
Online Gaming Companies Faces Rs 1 Lakh Cr GST Notices
- by BW Retail World Bureau
- October 25, 2023
India’s online gaming industry has received show-cause notices amounting to Rs 1 lakh crore say sources. The notices come even as the Industry has raised concerns on the applicable GST Rates. The government has asserted that a 28 per cent GST rate should have been in place starting from 1 October, as per the law. […]
News
Alco-Beverage Industry Faces Complex Compliance Challenges: Report
- by BW Retail World Bureau
- July 12, 2023
TeamLease Regtech, a regulatory technology solutions company, has released its report titled ‘Simplifying Compliance Management for the Alco-Beverage Industry.’ The report provides an overview of the complexity of compliance and the challenges entrepreneurs and employers face in the alco-beverage industry. It also delves deep into the present regulatory framework and suggests actionable recommendations for enterprises […]