MAM
Twitter unlikely to be free for commercial & government users: Elon Musk
Twitter is likely to charge costs for commercial or government users, Tesla’s CEO Elon Musk revealed in a recent twitter post.
He also highlighted that Twitter will always remain free for casual users. “Twitter will always be free for casual users, but maybe a slight cost for commercial/government users,” he said in his tweet.
In the last week of April, Twitter announced the sale of the company to Tesla for $ 44 billion. Ever since the news of Twitter’s acquisition by Tesla broke out, Tesla CEO Elon Musk has been suggesting a series of changes to Twitter. After finalizing the deal with Twitter, Musk made it very clear that he is planning to enhance the platform with new features.
“Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it,” he had said earlier.
This is not it, in one of his Tweets, he even advocated free speech over social media and said, “I hope even my worst critics remain on Twitter, because that is what free speech means.”
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.
