MAM
Scapia launches Leap Year to fund year-long global trip for two Indians
MUMBAI: Who says you can’t buy time? Scapia, India’s travel fintech disruptor, is offering two lucky Indians the chance to trade in deadlines for departure gates with The Leap Year, a fully funded, 12-month adventure spanning four continents. Think flights, stays, visas, a daily stipend, curated experiences, and even mentorship all covered.
The initiative reimagines the old-school “gap year” as a bold, purposeful leap into self-discovery. Open to all Indians aged 23 and above, including existing and future Scapia users, the contest requires applicants to upload a short video at scapia.cards/leapyear explaining what travel means to them and why they’re ready to take the plunge. The deadline is 31 August, with the two winners set to be revealed in September 2025.
To ensure authenticity, Scapia has roped in a diverse jury: celebrity chef Sarah Todd, solo traveller Aakanksha Monga, and storyteller Gaurav Sharma (Wanderda), alongside its own team. Their task? To select two individuals whose stories capture travel’s power to transform lives. The prize isn’t just sightseeing, winners will co-design their itineraries with Scapia, ensuring each journey reflects their passions and personal goals.
The campaign launches with a digital film reminding young Indians that “there’s never a perfect time to take the leap,” a message backed by a high-impact social push and teaser content designed to spark wanderlust. With over 7,500 plus pincodes already in its user base and a growing suite of credit and travel-first features from rewards to visa services Scapia isn’t just funding trips, it’s reframing travel as an investment in self. For the chosen pair, 2025 won’t just be another calendar year, it’ll be the leap of a lifetime.
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.
