The Goods and Services Tax (GST), which got introduced on July 1, is expected to be a good turn for the organised logistics players going forward. The logistics industry in India is likely to grow at a rate of 9-10 per cent over the medium-term, supported by underlying structural p…
Tag: BUSINESS
Get-Set-Takeoff: Intuit launches GST-ready QuickBook for SMBs
Intuit QuickBook has been working on the GST version for over a year now and meanwhile assisted businesses become GST-ready with their Get-Set-Takeoff (GST) programme.
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Carpet Export Promotion Council to organise 34th India Carpet Expo in Varanasi
The Carpet Export Promotion Council, under the aegis of government, is organising the 34th India Carpet Expo from October 10 to October 13, 2017, in Varanasi. Over the years the India Carpet Expo has attracted buyers from all over the world and provides as a platform to local and national exhibit…
#IndiaIsraelFriendship: $40 m joint innovation fund established to boost biz relations
Marking the 25th anniversary of establishment of diplomatic relations between the two countries, Prime Minister Narendra Modi sealed 7 mega MoUs during this historic first-ever visit by an Indian PM to Israel.
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GST: An idea whose time has come!
We are now just days away from the rollout of the goods and services tax (GST) on July 1 — the most ambitious indirect tax reform ever attempted in modern India. Yes, the design is far from perfect (given the multiplicity of rates), yet it is a visionary idea on which, amazingly, there is politic…
Ancillary units should expand business activities: Nirmala Sitharaman
Union Minister of State for Commerce and Industry Nirmala Sitharaman on June 23 called upon the ancillary units of BHEL to diversify and expand their business activities in various areas and supply products without remaining dependent on the strength of the public sector giant. Speaking…
GST rates cut on 66 items; pickles, insulin, cashew nuts could become cheaper
The Goods and Services Tax (GST) Council on Sunday reduced tax rates on 66 items including ketchup, instant food mixes, pickles, tractor components, computer printers and insulin as the Centre and the states sought to iron out rough edges ahead of GST’s roll out from July 1. The Finance Minister …
Finance: RBL ने MSMEs को दिया दोगुना ऋण
आरबीएल बैंक द्वारा सूक्ष्म और लघु उद्यमों (MSMEs) को दिए गए ऋण में जबरदस्त बढोत्तरी हुयी है। यह संख्या पहले के 143 करोड़ रुपए से बढ़कर अब 333 करोड़ रूपए हो गई है। द हिन्दू की एक ख़बर के अनुसार बैंक के कार्ड, रिटेल, एमएसएमई ऋण और वित्तीय समावेशन के प्रमुख हरजीत तूर ने कहा है […]
Helion’s Rahul Chandra floats a $100 m venture capital
Helion Venture Partners’ Managing Director Rahul Chandra has floated a new venture capital called Unitary Helion, which is planning to raise a $100 million fund focused on deals in the financial technology space. The move comes as Helion Venture Partners, which raised over $600 million back…
How DIY App platforms are empowering small businesses
Rakesh Singhal, a small trader at Tripolia Bazaar in Jaipur, primarily dealt in Bandhani, Karchobi – raised zari metallic thread embroidery – and exotic bangles. Between October and March, the months when the weather in Jaipur is good and tourism is at all all-time high, the footfall in his store…