Income Tax officials visited Paisabazaar Marketing and Consulting Private Limited (“Paisabazaar”) and its wholly-owned subsidiary PB Fintech Limited on December 13th and 14th, 2023, conducting inquiries regarding certain vendors associated with Paisabazaar. The companies have cooperated fully, providing the necessary information to the IT officials, and express their commitment to furnish any additional details or information required by the department in the future.
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Despite the survey proceedings, the regular business operations of Paisabazaar remained unaffected, ensuring continuity and stability. PB Fintech Ltd’s shares concluded at ₹808.35, marking an increase of 1.68% on the BSE.
