MAM
Oxigen Wallet enables users to recharge Delhi Noida Delhi flyway tolls Tags
MUMBAI: In continuation of the digital wave taking the country like a surge, India’s pioneer non-bank mobile wallet app, Oxigen Wallet, is set to enable its customers with FASTag cards to recharge DND flyway tolls on the move. The latest development comes following in line the recommendation released by Reserve Bank of India, in the favor of digitalizing toll payments across India.
DND is an eight lane expressway, stretching across 9.2 km, connecting Delhi with the strategic industrial suburb, Noida. Allowing customers to recharge their DND flyway tolls digitally will bring comfort to a majority of corporate clan, commuting to and fro the expressway on a daily basis, along with other commuters. This development gains further relevance, since paying via cash for DND flyovers has always been a pain point. Now, customers can recharge their FASTag cards with just a click via Oxigen Mobile Wallet, regardless of whether they have enough cash or spare change and enjoy a near non-stop movement on the expressway.
Further elucidating upon this strategic development, Ankur Saxena, Director & Chief Mentor, Oxigen Wallet said, “At Oxigen, it has been our key endeavor to promote digital payments in every business that heavily depends on cash transactions and hence, strengthen and streamline the economy converting cash to digital. We are enthusiastic about enabling the recent RBI guideline and digitalizing toll payments on DND. A majority of our new and existing users will access services and conveniently recharge their DND expressway cards.”
Following the announcement, customers may walk in to the DND customer service center and select Oxigen Wallet as a preferred mode of payment to recharge or get a new membership of Gold or Silver FasTAG. The DND executive will prompt the customer to generate the OTP on Oxigen wallet app, meanwhile feeding in the customer’s mobile number and amount in the POS machine. In order to approve the transaction, customers will have to share the OTP and if their Oxigen Wallet has enough balance, the transaction would be successful and fulfilled by DND executive.
In its bit to mainstream digital payments, Oxigen Wallet has already taken certain key initiatives, including its partnership with the HPCL, allowing users to pay for fuels via Oxigen mobile Wallet. This move to digitally recharge FASTag cards and electronically pay for DND tolls shall further streamline payments and strengthen India’s transition towards a cashless economy, in line with our Honorable PM Shri Narendra Modi’s vision, making it stand at par with the leading economies across the globe.
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.
