Didn't pay over Rs 350 crore in TDS & PF, admits SpiceJet

SpiceJet has admitted not paying about Rs 220 crore in TDS deducted from employees' salaries and over Rs 135.3 crore in PF between April 2020 and August 2023. The airline seeks to raise Rs 3,000 crore by the end of the month to stay afloat and reactivate its grounded fleet.