GST
Retail
Consumer Durable companies foresee growth to prove 2017 profitable
With a 'fairly profitable' year of 2016, the consumer durable industry is looking forward to maintaining the momentum by cashing in on GST, likely to be rolled out in 2017, and overcome the short-term issues thrown up by demonetisation.
According...
Retail
Indian Retail: 5 Highlights of the year 2016
In a year when change became the only constant for India's retail, both brick-and-mortar and e-commerce majors remained on their toes to decipher consumers consumption behavior and demand.
Where 2016 brings to an end, years long wild exuberance by online...
Retail
Indian Real Estate: A Review of 2016 and Peering into 2017
As a landmark year for the country - and the real estate industry - draws to a close, it’s time to analyze what happened in 2016 and what to expect in 2017. For the real estate industry, 2016 saw...
Retail
GST to create level-playing field for bigger textile manufacturuers
The introduction of GST will help create a level-playing field for the bigger textile manufacturers as smaller or unorganised sector will not be able to use some of the current practices to keep themselves competitive, a senior industry official...
Retail
ASSOCHAM, Tally tie up to simplify GST for retail community
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Tally Solutions Pvt. Ltd., the premier Indian software product company, have signed a Memorandum of Understanding (MoU) to demystify, educate and train the retail community for the roll...
Retail
E-commerce operators to deduct TCS under GST
E-commerce operators like Flipkart and Snapdeal will have to deduct TCS (tax collected at source) while making payments to their suppliers, according to the new model GST law, which has done away with the definition of 'aggregator'.
According to a...
Latest News
Consumer durables not a luxury item; GST rate should be 18 per cent, says CEAMA
Consumer electronics manufacturers’ association has urged the government to bring refrigerators, washing machines and other electronics of daily use in the 18 per cent slab rate under the goods and services tax (GST) regime, as opposed to the 28...
Retail
CAIT to launch GST awareness campaign for traders
The Confederation of All India Traders (CAIT) is planning to launch a massive educational and awareness campaign on GST throughout the Country, begging 9th November from Mumbai, to impart knowledge among traders about e-compliance.
Read: GST Council okays 5-28 pc four-slab...
Food
Categorization of aerated drinks in luxury category under GST 'disappointing': Coke, Pepsi
The Indian Beverage Association (IBA), which represents fizzy drinks makers PepsiCo and Coca-Cola, recently said that they were ‘disappointed’ at the re-categorization of aerated drinks in the luxury category under the GST rate slabs announced by the GST Council...
Retail
Walmart calls GST rates progressive, but cola makers cautious
Walmart on Thursday welcomed the four-tier tax structure for GST, but aerated drink makers like PepsiCo and Coca Cola were guarded in their response, saying they will wait for the details to emerge.
The GST council has approved a four-tier...
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Latest News
Indian burgeoning e-commerce lowers discounts, focuses on profits, as funding declines
Two-day Phygital Retail Convention deliberates declining consumption disparity
New Delhi: Indian e-commerce market is on the rise, but funding from...
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