Hospitals, educational institutions, a plethora of other charitable trusts and probably even the country’s richest sports body are beginning to fear that the taxman, armed with a spate of court verdicts, could soon knock on their doors.
A Twitter handle of homegrown microblogging platform Koo — @kooeminence — was suspended by the US social network on Friday. Founders of Koo told ET they haven’t been told about the reason for the suspension.
The Reserve Bank of India (RBI) has asked several payment gateways including Razorpay, which had received the regulator’s in-principle nod for a payment-aggregator licence, to stop onboarding new merchants, multiple people aware of the development told ET.
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