New Delhi: BJP President Amit Shah has unveiled a 12-feet tall and 25-feet long steel Charkha and inaugurated a heritage Charkha Museum at Palika Bazar Park in Connaught Place here. Undeterred by heavy downpour just before the programme was about the start, which partially washed out the arrange…
FlexiLoans.com acquires CreditPeriod.com
Chennai: Digital lending platform FelxiLoans.com has acquired Mumbai-based supply chain financing platform, CreditPeriod.com for an undisclosed sum to strengthen its supply chain financing vertical. CreditPeriod.com enables SME buyers to procure goods / services on credit while ensuring the selle…
F&B sector terms processed food rates fixed by GST Council detrimental
The food and beverage industry has called rates for processed food and beverages fixed by the Goods and Service Tax (GST) Council detrimental to the growth of the industry and sought a review of the rates. Industry insiders stated that most of the proposed rates were in contradiction of the rates…
Logistics start-up Delhivery secures $30 m from Fosun International
Gurugram-based e-Commerce logistics firm Delhivery has secured $30 million (Rs 194 crore) in funding from Chinese international conglomerate Fosun International. This additional investment is a part of the bigger equity financing round that saw a $100 million funding from The Carlyle Group, earli…
GST Council’s next step: Ensuring tax benefits are passed on to consumers
New Delhi: After having fixed the rates of the goods and services tax (GST) on almost all commodities and services, the powerful federal tax body GST Council is trying to ensure that businesses pass on any tax reduction benefit to consumers when the new indirect tax regime comes into force on 1 J…
‘GST to reshape Indian start-ups; Bringing discipline in businesses from day 1’
The much awaited biggest and boldest tax reform is set to be rolled out from 1st July 2017. The government has proposed a four slab structure, while the exhaustive list of goods that need to be taxed is in the process of finalisation. GST is another bold step that fortifies the Ease of Doing Busi…
GST: भारतीय उद्योग जगत जीएसटी के लिए तैयार, कहा आएगा व्यापक बदलाव
भारतीय उद्योग जगत के प्रमुखों ने वस्तु एवं सेवा कर (जीएसटी) को ‘व्यापक बदलाव’ लाने वाला करार देते हुए कहा कि वे इसे 1 जुलाई से लागू करने के लिए तैयार हैं। राष्ट्रीय स्तर पर धाक रखने वाले मुख्य कार्याधिकारियों के बीच बिज़नेस स्टैंडर्ड द्वारा किए सर्वेक्षण में ज्यादातर ने कहा कि जीएसटी …
GST will be a tough job, but not for the reasons you think!
Are you a businessman? If you are, then it’s statistically likely that you cheat on taxes. From the roads you drive on to the army that defends you, your share is partly paid for by others, mostly by salary-earners who can afford it less than you can. Don’t get offended but the fact i…
Want to help small firms fight big companies: Vijay Shekhar Sharma, Paytm
From its beginnings during dotcom bubble as a mobile value added services company, to becoming the fastest-growing payments players in the country, Vijay Shekhar Sharma’s One 97 Communications has become one of the most valued digital companies in India with mobile wallet brand Paytm. Now w…
GST/Textiles: कपड़ा क्षेत्र पर जीएसटी में अभी कई पचड़े
कपड़ा क्षेत्र को लेकर वस्तु एवं सेवा कर (जीएसटी) परिषद में सहमति नहीं बन सकी, जिससे दरों की घोषणा को 3 जून के लिए टाल दिया गया है। माना जा रहा है कि इस फैसले को टालने की वजह पूरी कपड़ा मूल्य शृंखला में जटिलताएं और पूरी शृंखला में कपड़े पर कर की दरें पहले […]
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