MAM
Housing.com appoints KPMG’s Dilip Tuli as strategy and new business initiatives SVP
MUMBAI: Housing.com has appointed former KPMG director Dilip Tuli as Strategy & New Business Initiatives SVP to assist with strategy and oversee new business initiatives, such as transaction facilitation and fulfilment services. The appointment of Dilip Tuli closely follows the recent addition of Vineet Singh, ex-business head of 99acres, who joined the company in a senior advisory role and invested an undisclosed amount into Housing.com.
Dilip brings with him nearly 15 years of consulting experience of working across many different businesses. Over the course of his experience, Dilip has been involved in over 100 projects in various industries, including some of the leading real estate developers and brokerage firms, where he gained strong real estate sector knowledge and expertise. During the last two years, Dilip was a senior member of the sector team responsible for logistics and industrial markets at KPMG.
Dilip started his career at PwC, in the audit and process improvement team and transitioned to the deal advisory practice before moving to KPMG.
On the development, Housing.com CEO Jason Kothari said, “Housing.com is rapidly growing in popularity as a platform and in revenue generation, and Dilip will be focused on developing new business initiatives to fuel growth further. He is a seasoned leader who brings strong business strategy and model development capabilities, results-oriented managerial skills, deep knowledge of the real estate space, and a passion to build a revolutionary real estate company in line with Housing.com’s vision.”
“In the recent months, Housing.com has witnessed an exciting transformation and is aggressively growing in line with its dynamic business model focused on buying and selling homes. I look forward to working closely with Jason and the rest of the team to build new revenue streams and accelerate the momentum of business growth even further,” Tuli added.
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.
