Swiggy receives ₹7.59 crore tax notice fora alleged profession tax violation

The Office of the Profession Tax Officer in Pune has issued an assessment order of ₹7.59 crore for the April 2021–March 2022 period to the food and shopping delivery service Swiggy.

According to a regulatory filing, the company has been accused of violating the Maharashtra State Tax on Professions, Trades, Callings & Employments Act, 1975's regulations regarding the deduction of profession tax from employees' salaries.

In the petition on Saturday, Swiggy said, "The Company believes that it has strong arguments against the Order and is taking necessary steps to protect its interest through review/appeal." The business thinks the order won't have a significant negative effect on its operations or finances.