MAM
IPRS to host a webinar on ‘Getting organized during Adversities’ in association with Music Plus
In the wake of current pandemic, many sectors and industries been adversely impacted resulting in widespread uncertainties. There are growing concerns over livelihood and people are looking for direction and support to survive the economic downturn. The importance of being represented as a community whichever be the sector is felt now more than ever. Rallying behind, the music creation fraternity, IPRS has been organizing a series of workshops and webinars to address various issues and offer solutions during the lockdown phase. As part of this sustained effort, The Indian Performing Right Society Ltd. (IPRS) will host a webinar titled ‘Getting Organized during Adversities’, in association with Music Plus on Wednesday, 27th May at 4pm. The session will be LIVE on Music Plus and IPRS social media handles.
In this session, some of the finest minds in the music creation space from India and abroad, will be discussing best practices and ways & means to have a sustainable and rewarding future.
The panelists of the session include luminaries from the music industry such as Mr. Horace Trubridge, General Secretary Musicians’ Union; Mr. Ratish Tagde, President Musicians Federation of India (MFI) and Mr. Vijay Benegal, Sound Engineer and the session will further be moderated by Mr. Atul Churamani, MD Turnkey Music & Representative of IPRS.
Commenting on the initiative Mr. Rakesh Nigam, CEO of the IPRS said, “With the boom in distribution and consumption of content, there had been a surge in music creation as well. However, the sudden halt, owing to the pandemic has resulted in a situation of great uncertainty for the entire music fraternity comprising of music creators, performers, technicians, and the labour force. Hence through the webinar, IPRS is bringing together the stakeholders from different sectors of the industry to highlight the impending crisis and recommend ways to streamline the work process, thus paving the way for a rewarding future for music and the community as a whole.”
Mr. Atul Churamani, Founder and MD of Turnkey Music & Publishing and Publisher Member of IPRS said, " We haven't had a crisis like this in our lifetimes and the financial havoc it will wreak is yet to be fully understood. However, there are already people and sections of the music industry that are in distress. Action needs to be taken now, to both tackle this crisis and anyone that may crop up in the future. This panel should throw forth a lot of ideas that can be acted on swiftly".
Mr. Horace Trubridge, General Secretary Musicians’ Union commented, “This terrible pandemic has hit the international music community particularly hard. Organizations like mine are working flat-out to provide musicians with the support advice and guidance that they need to see them through this crisis and musicians’ representatives all over the world need to work together as we plan for recovery”
Mr. Ratish Tagde, President Musicians Federation of India (MFI) said, "This global pandemic has caused financial insecurities across the world and various sectors. The Indian Music industry is no exception to that. We need to unite, fight this together, and explore opportunities."
Mr. Vijay Benegal, Sound Engineer mentioned, "Most people know of the many singers, lyricists and composers that are involved in the production of music. Not many are aware of the time and effort put in by sound engineers and technicians who work behind the scenes to create the magic. COVID19 has introduced severe uncertainties that our industry has never before experienced. Moving forward, it is essential for us to come together and create suitable platforms that voice our professional concerns and support each other.”
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
