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YEAR-ENDER: 2017 IN RETAIL
Retrospect: How did the retail industry fare in 2017

Demonetization, that was announced in November 2016 had an overbearing influence on the way 2017 started, barely 45 days...
Telangana govt urges retailers to pass on GST benefits to consumers

Telangana govt urges retailers to pass on GST benefits to consumers

The Telangana government has urged retailers to pass on to consumers the benefit of recent reduction in rates of...
FMCG firms slash prices to pass on GST benefits to customers

FMCG firms slash prices to pass on GST benefits to customers

FMCG companies, including ITC, Dabur, HUL and Marico, said they have cut prices of various products to pass on...
Dabur India cuts prices by 9 per cent to pass on GST benefits

Dabur India cuts prices by 9 per cent to pass on...

FMCG major Dabur India on Tuesday said it has cut prices of existing stocks across categories such as shampoos,...
CBEC Chairperson asks FMCG companies to immediately revise MRP

CBEC Chairperson asks FMCG companies to immediately revise MRP

CBEC Chairperson Vanaja Sarna has written to FMCG companies asking them to immediately revise MRP on all products in...
FMCG cos gear up to pass on tax reduction benefit to consumers

FMCG cos gear up to pass on tax reduction benefit to...

With the revised GST rates coming into force from Wednesday, FMCG majors such as Hindustan Unilever (HUL) and ITC...
Lower GST rates on restaurants, 178 goods become effective

Lower GST rates on restaurants, 178 goods become effective

The most comprehensive overhaul of GST rates decided at a GST Council meeting, wherein tax on all restaurants was...
Handloom, handicraft artisans seek complete waiver of GST

Handloom, handicraft artisans seek complete waiver of GST

Notwithstanding the reduction of GST on the handloom and handicraft sector, discontent artisans has sought complete waiver waiver of...
Hotels, restaurants apex body welcomes GST rate change

Hotels, restaurants apex body welcomes GST rate change

The Federation of Hotel and Restaurant Associations of India (FHRAI) on Friday said GST Council's decision to cut tax...
Nestle to pass on GST rate cut benefits to consumers

Nestle to pass on GST rate cut benefits to consumers

In line with other FMCG players, Nestle India said it will make price revisions in accordance with the recent...