Royalty payments
Companies

Nestle India Gets Relief as SC Drops Rs 101 Cr Tax Appeals

The Supreme Court has dismissed as withdrawn the income tax department’s appeals against Nestlé India over the disallowance of general licensing fees, bringing closure to a Rs 101.21 crore tax dispute spanning several financial years.

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Tata Starbucks Reports Rs 24.97 Cr Net Loss For FY23
Brands Companies Finance Food & Beverage. News

Tata Starbucks Reports Rs 24.97 Cr Net Loss For FY23

Tata Starbucks has reported a net loss of Rs 24.97 crore from its operations in India for the fiscal year that ended on 31 March 2023, according to the business intelligence platform Tofler. However, its revenue from operations was Rs 1,086.89 crore for the same time, up 70% due to the inclusion of additional cafes […]

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