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Femina features president Droupadi Murmu on its August cover

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Mumbai: Femina is deeply privileged to feature India’s first-ever tribal president, Droupadi Murmu on the cover of its August 2023 issue, the ‘Freedom’ special. The president’s story is one of courage, determination, overcoming struggles and breaking barriers with many firsts to her credit.

Hailing from the town of Uparbeda in Odisha, India’s 15th president was the first girl of her village to go to Bhubaneshwar for college, the first woman from her village to enter politics and the first woman to hold the position of the governor of Jharkhand. President Murmu’s emphasis on education and her dedication to serving as a teacher for many years showcases her commitment to the betterment of the youth and the nation. Today, she holds the highest office of our country.

In her first address to the nation, the honourable President Murmu said, “I want to tell the youth of our country that you are not only building your own future but also laying the foundation of the India of the future,”

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On the eve of the 74th Republic Day, the honourable president encouraged women to follow their passions and said, “I am amazed by the confidence of young women. I have no doubt in my mind that they are the ones who will do most to shape tomorrow’s India. What miracles cannot be achieved if this half of the population is encouraged to contribute to nation-building to the best of their ability.”

Worldwide Media CEO Deepak Lamba said, “Femina is truly privileged to feature the honourable President Droupadi Murmu on its cover and showcase her journey to the highest echelons of our nation. President Murmu’s extraordinary life serves as a powerful testament to the indomitable spirit of perseverance and boundless compassion. Radiating grace and wisdom, our esteemed President’s presence on the cover embodies the profound impact she has had on the citizens of India.”

Femina editor-in-chief Ambika Muttoo said, “We are filled with pride to feature our esteemed President on the cover of Femina. She epitomises selflessness and serves as a beacon of motivation for promoting equality. She is a genuine source of inspiration for India’s young women and the youth of our nation, igniting within them the spirit to relentlessly work towards realising their dreams.”

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To read more about our honourable president Droupadi Murmu, grab the issue of Femina, on stands now.

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Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal

Tax authorities flag alleged misclassification of restaurant services

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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.

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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.

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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.

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