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India Orders Zomato to Pay $95 Million in Taxes and Fines
- India's tax department orders Zomato to pay $94.8 million in taxes and fines for non-payment from 2019-2022.
- The penalty is over four times Zomato's latest quarterly profit; the company plans to challenge the order.
- Zomato also faces antitrust scrutiny alongside Swiggy for alleged competition law breaches.
Source: Reuters
1mo ago

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