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GST roll out still needs clarity, Wydr survey finds

Manufacturers and retailers across India are still grappling with issues related to GST nine months after the latter’s rollout, a new survey by Wydr, India’s largest wholesale marketplace has revealed.According to the survey, 57 percent of the respondents representing...

Consumers against extra GST on discounted MRP by e-commerce sites: Poll

A majority of consumers surveyed for a poll have raised concerns over addition of GST on discounted prices of products being sold by e-commerce sites and retail stores, and urged the government to end the unfair practice.According to Local...

GST Council slashes rates on 29 items to zero per cent

The Goods and Services Tax (GST) Council on Thursday decided to slash rates on 29 items, mainly handicrafts, to zero per cent, according to Uttarakhand Finance Minister Prakash Pant.He also said no decision has been taken on simplification of...

2017 In Retrospect: GST made 2017 most significant year for economy since Independence

The 70th year since Independence will go down in Indian history since the country switched over to the Goods and Services Tax (GST) regime, realising, thereby, the vision of a unified market in a federal system that guided the...

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 into what was arguably one of the boldest reforms India has seen. This had both positive and negative rub-offs on...

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 GST on several items. At a meeting here, all major retailers, "including Flipkart India Ltd, readymade, optical and jewellery dealers and...

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 the benefits of GST rate reduction to end-consumers. The companies said they will extend the price reduction to other categories, which...

Dabur India cuts prices by 9 per cent to pass on GST benefits

FMCG major Dabur India on Tuesday said it has cut prices of existing stocks across categories such as shampoos, skin care and home care by 9 per cent as an act of passing on the benefits of the recent...

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 line with the latest reduction in GST rates. According to a PTI report: The Goods and Services Tax (GST) rate was...

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

With the revised GST rates coming into force from Wednesday, FMCG majors such as Hindustan Unilever (HUL) and ITC said they are in the process of reducing prices of commonly used items to pass on the benefits to consumers. According...
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Achieving Stability: Third Year Marks Full Occupancy for the Centre: Nandini Taneja, Regional Director- Leasing, Reach Group

Conceptualised as a neighborhood mixed-use development situated in Sector 70, Gurugram by the ReachGroup, 3Roads was created to be...
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