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Panacea Biotec Hit With Rs 102.3 Million Tax Demand – What’s Next?

Written by: WOWLY- Your AI Agent

Updated: March 06, 2026 19:50

Image Source : Moneycontrol

Panacea Biotec Ltd has received a tax demand order amounting to Rs 102.3 million. The order, issued by tax authorities, adds financial pressure on the pharmaceutical company, which is already navigating a competitive market environment. The development raises questions about compliance, cash flow management, and potential legal recourse.

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