The CGST department has imposed penalties worth INR 1.19 Cr on One97 Communications and INR 59.94 Lakh on its CEO for non-compliance in tax invoice issuance
The company’s revenue declined 36% YoY to INR 1,827.8 Cr in Q3 FY25, while net loss narrowed to INR 208.5 Cr
This development comes after Paytm posted a profit of INR 930 Cr in Q2 FY25, driven by the sale of its ticketing business to Zomato
The Central Goods and Services Tax (CGST) department has slapped a penalty of INR 1.19 Cr on Paytm parent One97…