Dr Reddy's unit gets penalty of Rs 28.7 lakh from Kazakhstan authority

Dr. Reddy's Laboratories' Kazakhstan subsidiary has been fined Rs 28.7 lakh (KZT 17,597,212) by the Kazakhstani tax authorities. The penalty is for disallowed expenses claimed in 2021. Dr. Reddy's stated the penalty will not materially impact its financials or operations.

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