https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Rail Vikas Nigam Limited Receives Demand Notice from Pune Tax Authorities for FY 2021-22

Company to Challenge Rs 1.99 Lakh Demand; Confirms No Significant Impact on Operations
Indian Masterminds Stories

Rail Vikas Nigam Limited (RVNL) has officially disclosed that it has received a Demand Notice (DRC-07) from the Office of the Deputy Commissioner of State Tax, Pune, Maharashtra. The notice, dated June 19, 2025, pertains to a tax demand amounting to Rs 1.99 Lakhs for the financial year 2021-22.

Details of the Demand Notice

The Demand Notice, bearing the order number ZD2706250849560, was served to RVNL on June 19, 2025. This notice requires the company to comply with the specified tax demand issued by the Pune State Tax authorities.

Company Response and Next Steps

RVNL has stated that it plans to challenge the demand notice through the appropriate legal and administrative channels. The company has reassured stakeholders that this tax demand will not have any significant adverse effect on its financial standing, operational activities, or other business functions.

Compliance with SEBI Regulations

This disclosure by RVNL has been made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and timely communication with investors and the market.

Outlook

While the tax demand is modest in value, the company’s decision to contest the notice underscores its commitment to prudent financial management and adherence to regulatory compliance. RVNL remains focused on its ongoing infrastructure projects and operational growth despite this matter.

About RVNL

RVNL is a key infrastructure arm of the Ministry of Railways, responsible for executing high-value rail construction and development projects across India. It holds Navratna CPSE status and plays a critical role in modernizing India’s railway network.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Haryana gov resized
Haryana Set to Promote Two IPS Officers to Director General of Police
Complaint
Complaint Filed Against Senior IPS Officer for Sending Inappropriate Messages
Jammu and Kashmir Government
Three IAS Officers Assigned New Postings in J&K; Check Names Here
IAS Officers Indian Administrative Services
Senior IAS Officer Rajendra Ratnoo Opts for Voluntary Retirement
SEBI
SEBI Appoints 3 New Executive Directors: Amit Pradhan, Avneesh Pandey & Sanjay Purao Take Charge
Lateral_entry_resized
No Reservation in Lateral Govt Job Entries, Centre Tells Rajya Sabha Citing Single-Post Rule
DelhiPolice
Top-Level Shake-Up in Delhi Police: 3 IPS Officers Reassigned Amid Security Concerns; Chahal Named DG, Civil Defence
mp
MP’s ₹3 Lakh Crore Infrastructure Boom: 255 km Greenfield Highway, ₹5,500 Cr Tiger Corridor Among Key Road Projects
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr
Resisted Flawed Schemes, Transferred Thrice In Three Months, Found Solace In Writing
WhatsApp Image 2025-08-11 at 4.48
IAS SVR Srinivas on Mumbai Trans Harbour Link, Tough Calls, and the Real Power of IAS Officers | Video Interview
WhatsApp Image 2025-08-08 at 5.25
Dharavi Redevelopment: IAS Minds Turning 100-Year-Old Slum into a Modern City | Video Interview
ADVERTISEMENT
UPSC Stories
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
WhatsApp Image 2025-08-12 at 7.27
First Attempt IRS, Fourth Attempt IPS: The Relentless Pursuit of Jitendra Kumar Yadav Who Cracked UPSC 3 Times
IPS Yadav is originally from Chhattisgarh. He was first selected for the IRS through UPSC and later for...
Social Media
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
IFS Susanta Nanda Video
A Mother’s Duty: Tigress Watches Over Cubs Splashing in Waterhole — Heartwarming Video Shared By Retd. IFS Officer Susanta Nanda
A tender wildlife video shared by Retd. IFS officer Susanta Nanda shows a tigress keeping watch over...
Mohanmala
Kaziranga Mourns: Beloved Elephant Mohanmala Passes Away After Five Decades of Service
Kaziranga National Park mourns the loss of Mohanmala, a beloved elephant who served over 50 years as...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Puducherry
Scientific, Strategic, and Sustainable: How Dr Arulrajan is Transforming Puducherry’s Ecology
Haryana gov resized
Haryana Set to Promote Two IPS Officers to Director General of Police
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr
WhatsApp Image 2025-08-11 at 4.48
WhatsApp Image 2025-08-08 at 5.25
ADVERTISEMENT
ADVERTISEMENT