MAM
Zee announces first bunch of ‘India’s Best’ talents
MUMBAI: India’s Best – Cinestar Ki Khoj received good response in the first four cities where it was held; Hyderabad, Ahmedabad, Kanpur and Lucknow, with participants queuing up at the audition venue, all vying to try their chance to be the next big cine-star of Bollywood.
Speaking on the occasion Zee TV president Sunil Khanna said, “We had expected an immense response. But what we witnessed in the first four cities was overwhelming. All the four centers have made us very bullish about the expected response in the other cities. The talent that exists in our country is enough to make anyone proud.”
After choosing the best from Hyderabad, Ahmedabad, Kanpur, Lucknow, Cinestar ki khoj moves to the next set of cities Bhopal, Baroda, Jaipur and Bangalore. The auditions in these cities started yesterday and the finalist will be chosen in the final event on the 26 May.
The big break for the excited young Mumbaikars will start on 2 June with auditions taking place at SNDT University Juhu Mumbai.
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.
