GST launch in India: The Goods and Services Tax (GST), one of India’s biggest reform in tax structure, at last, became a reality from July 1. The tax reform was launched when the clock struck 12 on June 30, and the Goods and Services Tax will irreversibly impact the price of all kinds of pr…
Tag: automobiles
GST rollout from July 1, but confusion still persists among auto & FMCG firms
With just days to go before India rings in a historic unified tax system, confusion reigns in many consumer-facing industries such as automobiles and packaged goods. While most agree that the unified goods and services tax (GST) would bring much-needed efficiency and long-term benefits, the rollo…
Analytics firm Zeta to invest $50 million in acquisitions
American big data and analytics firm Zeta Interactive plans to spend $10-50 million as it scouts for acquisitions in India. The Blackstone-backed company, which is valued at $1 billion, plans to buy out an Indian firm that will help it get on board local clients in sectors such as financial servi…