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Over 400+ ex-Dunzo employees left in financial limbo for 14+ months. Key issues: Layoffs: ~80 (Jan), >300 (Apr), >200 (Jul 2023) Delayed/capped salaries at 75K for remaining staff Missed payment deadlines (Aug 2023 - Jul 2024) No FORM-16, complicating tax filing CEO Kabeer Biswas's unfulfilled promises Despite assurances, including NOC requests (Jun 2024), Dunzo failed to clear dues. July 20, 2024 call: CEO muted 400+ employees, provided no answers or new dates, just a vague โIโm working hard on itโ. Significant financial stress and tax complications for ex-employees. Some pursue legal action, many fear speaking out. 400+ employees await salaries and settlements. Government missing TDS, NPS, PF or FNF payments. No FORM-16 means pending ITR filing since the last week. What would you do?
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Indian Army's budget break-up(in %) FY 2023-2024 > Salaries- 34.86% > Pension- 34.98% > Modernisation- 9% > Maintenance- 10% > Other forces- 4% > Agnipath- 1% > Miscellaneous- 6% Almost 70% of Total Budget which was $83.6 Billion in 2023 goes into
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The Whole Ai War Summurized! Nov 30, 2022: OpenAI launches ChatGPT (built on GPT-3.5). Dec 5, 2022: ChatGPT reaches 1 million users within five days, setting a world record. 2023; Jan 2023: ChatGPT achieves 100 million users within two months of l
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Tax filing platform Clear, formerly known as ClearTax, said it has laid off about 16% of its workforce amid a โbroader strategic organisational restructuringโ. ๐ The Peak XV Partners-backed startup didnโt disclose the exact numbers of employees imp
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Dear Companies, This is a reminder that the due date for filing the Tax Deducted at Source (TDS) return for Quarter 4 (January to March) is 31st May 2024. Please ensure proper submission of your TDS return. Dear Individuals, Ensure that your TDS d
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How Mota Bhai Killed Dunzo In 2016, Dunzo had a wild idea: โWhy wait when we can deliver anything in 24 minutes?โ It was genius BACK THEN. They didnโt rush into every city like headless chickens; instead, they went city by city, perfecting their ga
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Attention GST taxpayers: November 30, 2024 is last day to claim pending input tax credit by filing GSTR 3B November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods
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๐ 2024 In Review: Indiaโs Startup Ecosystem Flourishing Despite Challenges ๐ฎ๐ณ ๐ฆ Unicorn Club of 2024: Six New Additions This year, six startups crossed the coveted $1 billion valuation mark, bringing India's total unicorn count to 118. Together
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Indiaโs Booming Diaper Market! Did you know 1 diaper is sold every 1.5 seconds in India? With 25 million babies born annually, demand is sky-high! Market size: โน7,800 Cr (2024) Projected: โน14,000 Cr by 2033 (6.7% CAGR) Online diaper sales grew
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