Blue Dart Shares Soar 9% as Tax Demand Slashed, Price Hike Announced

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CNBC TV18•01-01-2026, 11:14
Blue Dart Shares Soar 9% as Tax Demand Slashed, Price Hike Announced
- •Blue Dart shares surged up to 9% after tax authorities drastically reduced a tax demand and the company announced a price hike.
- •The tax demand was revised from ₹421 crore to ₹64.98 lakh, plus interest and penalty, which Blue Dart accepted and paid.
- •The courier service will implement a general price increase of 9-12% for shipments starting January 1, 2026.
- •New customers onboarding between October 1 and December 31, 2025, will be exempt from the upcoming price hike.
- •The price adjustment aims to counter inflationary pressures, rising airline costs, and invest in technology and greener logistics.
Why It Matters: Blue Dart's stock jumped due to a reduced tax burden and a strategic price increase for future growth.
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