MAM
Lifestyle launches 20-20 Bash with Tiger Shroff kickstarting celebrations
MUMBAI: Lifestyle, India’s favourite fashion destination, has announced a month long 20-20 bash to celebrate 20-year anniversary of its operations in the country. Unveiling its 20-year celebration logo in a glamorous ceremony with Youth Icon Tiger Shroff in Mumbai, the brand announced a slew of attractive offers across categories that the customers will get to enjoy every weekend of April.
Every weekend of April, Lifestyle is offering its customers exciting offers across popular categories such as Menswear, Womenwear, Kidswear, Make-up, Footwear, Handbags and more. Each of these offers will be applicable on popular brands across the store and will allow customers to shop from the latest collection at a great value.
“This is a remarkable milestone for us” Mr. Vasanth Kumar, Managing Director – Lifestyle International Pvt. Ltd. said “Completing two decades of successful operations in the country, we feel humbled by the support we’ve received from our customers who have been a critical part of this incredible journey. We, therefore, are dedicating the whole month of April to our customers and inviting them to enjoy great offers every weekend on our new collection”.
“Lifestyle is a brand that has been a part of the fashion retail story for over two decades in the country. I love their fashion offering, especially denimwear brand Forca. I am happy to be here for this significant moment and wish them many more years of similar success.” added youth icon and Bollywood actor Tiger Shroff.
During the 20 years of its existence Lifestyle has significantly contributed in continuously improving the shopping experience of the customers in the country. Bringing together the latest trends from across the globe, leading national & international brands, curated fashion lines, friendly customer service and tech-enabled convenience, Lifestyle has served millions of customers across the country with delightful shopping experiences. In its endeavor to allow its customers the convenience to shop from anywhere anytime, the brand introduced omni-channel commerce in the year 2019 and currently has a country wide presence across 77 stores in 44 cities and delivers to over 26000 pin codes through its online store, www.lifestylestores.com .
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â 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.
