All posts tagged: one97 communications

Paytm Says Top Court Stays Rs 5,712 Crore GST Notice Sent To First Games

Paytm Says Top Court Stays Rs 5,712 Crore GST Notice Sent To First Games

Published by Webster

One97 Communications, which owns Paytm, said the tax matter is an industry-wide issue. (Representational) New Delhi: The Supreme Court has granted a stay on a Rs 5,712-crore GST notice sent to fintech firm One97 Communications-owned real money gaming platform First Games, a regulatory filing said on Saturday. The Directorate General of GST Intelligence, New Delhi had issued a show cause notice (SCN) to First Games in April. “We hereby inform you that First Games has informed us on May 24, 2025 at 10:44 am (IST) that in the writ petition …filed by First Games challenging the said SCN, the Hon’ble Supreme Court of India has on May 23, 2025 stayed the proceedings of the SCN,” the regulatory filing said. One97 Communications, which owns Paytm brand said the tax matter is an industry-wide issue and not limited to First Games and the matter is being heard by the top court. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Disclaimer: We do not own any …

Paytm 2022 Recap Calls Delhi-NCR as India’s Digital Payments Capital

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One97 Communications (OCL), which owns Paytm, on Wednesday announced the release of Paytm 2022 Recap, highlighting the interesting trends of transactions made through Paytm in the last year. Paytm UPI is one of the most preferred payment methods for Indians, with its superfast and secure payments. Users can also check their individual payments journey with Paytm in 2022 through paytm.com/recap, the leading payments and financial services company said. The company’s report showed that Delhi-National Capital Region emerged as India’s digital payments capital whereas Tamil Nadu’s Katpadi is the fastest-growing city for digital payments with 7X growth in 2022. Chennai and Trichy in Tamil Nadu have the highest percentage of offline payments on food and beverages while Amritsar saw the highest spending on health and grooming through Paytm. Noida and Nagpur saw the highest percentage of spending via Paytm on micro-sellers or street side vendors. Paytm’s market in the Northeast also saw huge growth. The fastest-growing cities in the Northeast for unified payments interface (UPI) transactions are — Lohit in Arunachal Pradesh, South Sikkim and Ranipool, …