WazirX owed the government Rs 40.5 crore in unpaid GST and had to cough up a total of Rs 49.2 crore as a result. And now, Coinswitch Kuber, CoinDCX, BuyUCoin, and Unocoin are under the I-T scanner for tax evasion.

National Restaurant Association of India (NRAI), representing over 5 lakh restaurants across the country, has written individually to all prominent mall owners and an open letter to other landlords suggesting certain immediate measures in case of any disruption. Reiterating the support it sought from mall owners during the first lockdown in 2020, NRAI has sought a revenue-sharing model to tide through COVID restrictions, a waiver on fixed expenses in case of lockdown.

The rollout of 5G services is expected to kick off another round of telecom tariff hikes. Bharti Airtel and Vodafone Idea have already raised their prices earlier in the year.

As the new GST regime kicks in for the likes of Zomato and Swiggy from Jan 1, the system of discounts through 'barter' with banking partners will be scrutinised to clarify whether GST will apply to the whole amount or the discounted amount.