3M India Limited — Important, 30-07-2025: General Updates
30-07-2025 | 01:08 pm
30-07-2025 | 01:08 pm
3M India has successfully settled a long-standing tax dispute for FY 2010-11 under the government's Direct Tax Vivad Se Vishwas Scheme. The company received a final order confirming a tax refund of Rs 2.95 Crore. This resolution marks a positive step in clearing historical tax arrears. While it provides a minor financial inflow, management indicates this settlement will not materially impact the company's core operations or activities. This can be seen as a clean-up of legacy issues, streamlining the financial position.
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