Economy & Policy◆ Mixed
Meesho's Valmo helps 10,000 delivery partners file income tax returns
Income Tax is in focus.
· BS Companies
The programme has helped partners claim Rs 2 crore in refunds, with nearly 70 per cent of those who initiated income tax return filing being first-time tax filers.
The analysis
Income Tax reported Rs 2 crore, with movement of 70% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- With Income Tax involved, this carries a regulatory dimension that can outlast the immediate market reaction.