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flag Indian firms, including IndiGo, face new GST penalties, with IndiGo disputing a ₹458 crore claim.

flag On December 31, 2025, Indian companies faced new GST tax demands, with IndiGo hit with a ₹458 crore penalty over input tax credit claims, which it disputes and plans to appeal. flag Max Healthcare, SRF Ltd, and Leela Palaces Hotels & Resorts also received tax notices or penalties, though Leela's case was dismissed. flag The rulings may affect investor sentiment and stock performance.

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