MAM
Money Matters: episode five of The Big Small Talk
Mumbai: After garnering widespread acclaim for insightful discussions and crossing over 125,000 plus subscribers on YouTube, The Big Small Talk proudly presents its latest episode, delving into the pivotal topic of “Money..Matters!”.
Anuj Sawhney, celebrated for his journey from Bollywood to steering Swiss Military Worldwide, teams up once again with his longtime friend, Manav Subodh, the visionary Founder of 1M1B – One Million for One Billion. Together, they embark on a captivating exploration of the complexities surrounding financial priorities in today’s fast-paced world, promising yet another enlightening dialogue for their dedicated audience.
In this compelling episode, Anuj and Manav deep dive into the significance of financial management in contemporary society. They dissect the profound impact of money on individuals’ lives, emphasizing how the relentless pursuit of success often leaves little room for personal well-being and altruism. The discussion sheds light on the modern dilemma of balancing self-care, savings & societal contributions, uncovering the underlying tensions and challenges faced by individuals in today’s economic landscape. They examine prevalent gender biases and societal expectations, highlighting the need for a more inclusive and equitable approach to financial decision-making.
Through their candid and insightful conversation, Anuj and Manav offer invaluable perspectives on the multifaceted nature of money matters in today’s world. Joined by a diverse panel of four fascinating influencers, including a drummer and creative director Dilip Ramachandran; an interior designer and entrepreneur Anuradha Jain; a strategy consultant, superbiker, and animal enthusiast Ashish B; and stylist and life coach Shivani Chopra, this episode promises engaging conversations and practical advice. From artistic perspectives to business insights, adventure strategies to personal development tips, this dynamic discussion offers listeners a holistic approach to navigating financial challenges in today’s world. Don’t miss out on this captivating exploration of Money Matters!”
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.
