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June 29, 2025

Mahindra Holidays gets Rs 363 cr tax notice

Mahindra Holidays & Resorts India Ltd on Sunday said it has received a tax demand notice of over Rs 363 crore including penalty, related to reporting of integrated goods and services tax (IGST) on its club membership services. The company in a regulatory filing informed that it is taking appropriate steps to pursue legal remedies before the appropriate authority in this regard. The show cause notice, dated June 28, 2025, was issued by the State Tax Officer, Anna Salai Central III, Chennai, Tamil Nadu. "The Company has received a demand Show Cause Notice from the Authority for FY 2018-19 demanding Rs 363,07,96,980 (tax of Rs 181,53,98,490 and penalty of Rs 181,53,98,490) under applicable provisions of TNGST Act, 2017 & CGST Act, 2017 on account of reporting of IGST on club membershi

June 29, 2025

England penalised for slow over rate in India T20I

England were fined 10 per cent of their match fees for maintaining a slow over rate against India in the first T20I at Nottingham. England were ruled two overs short of the target after time allowances were taken into consideration. England had elected to field first in the T20I played in Nottingham, and ended up conceding 210/5 courtesy of a brilliant maiden century from Smriti Mandhana. In accordance with Article 2.22 of the ICC Code of Conduct for Players and Player Support Personnel, which relates to minimum over-rate offences, players are fined five per cent of their match fee for every over their side fails to bowl in the allotted time, as per the ICC. On-field umpires Jacqueline Williams and James Middlebrook, third umpire Sue Redfern, and fourth umpire Anna Harris levelled the char

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