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Goods and services tax

Unorganised sector hit hard by demonetization; witnesses job cuts

The major sectors of the economy including FMCG, jewellery and SMEs have been hit post demonetisation, while the unorganised sector is seeing job losses, said industry body Assocham. In an interview to PTI, Assocham President Sunil Kanoria lamented the lack...

GST from April 1, 2017 across India: MoS Finance, Arjun Meghwal

The Union Government is abiding by the April 1, 207 target date for implementing the Goods and Services Tax (GST) across India, Minister of State for Finance, Arjun Ram Meghwal said here on Thursday. "I can assure you that April...

Modi reviews preparedness to roll out GST

Determined to roll out the Goods and Services Tax (GST) by April 1, 2017, Prime Minister Narendra Modi has directed the Union Finance Ministry and all departments concerned to take all steps to adhere to the deadline. The clear directives...

PM Narendra Modi hopeful about passage of GST bill this year

Expecting the long-pending GST bill to get passed this year, Prime Minister Narendra Modi has said any efforts to amend this law at Central level are over now and it is up to individual states to pursue any changes. According...

Benefits of GST for the world of retail

Goods and Services Tax (GST) is a comprehensive tax levied on the manufacture, sale and consumption of goods and services at a national level. Under GST, there will be no difference between goods and services. It tries to eliminate indirect...

Govt to roll out the Goods and Services Tax

Promising an easier business environment for global investors, Prime Minister Narendra Modi on Monday assured business leaders that his team was working on setting up a predictable long-term tax regime ie Goods and Services Tax (GST). "Don't worry...GST will happen,...

Why foodservice businesses need the GST more than ever

Two days after the  Railway Budget had created hopes of better services  with the announcement of IRCTC’s proposed association  with leading food brands like Cafe Coffee Day (CCD), Domino’s, Jumboking and Subway, the Union Budget for 2015-16 played a...

Two Policy Challenges for the New Government

The Western media often refers to India is as the ‘noisy’ democracy. As always, the noise has reached its peak during the electoral phase, but we can look forward to the dust settling in mid-May 2014. A stable regime...
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Lava International appoints Rajesh Sethi as group CFO

Sethi has over 27 years of financial management and strategic planning experience, will be responsible for overseeing Lava's financial...
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