Tag: GOODS

GST will hit small businesses & push Chinese imports: SJM

Days ahead of the launch of GST, the RSS’s economic wing SJM has said the new indirect tax regime will “badly hit small businesses and push Chinese imports“. As the date of implementation of GST is approaching, the heartbeats of small entrepreneurs and traders are increasing, Sw…

How GST will be a turning point for SMEs

Introduction of the Goods and Services Tax (GST) after a decade-long deadlock is a welcome measure for Indian small and medium enterprises (SMEs). India’s approximately 51 million SMEs are vital for its economy, contributing 45 per cent to the country’s GDP and employing 450 million people. GST h…

Afraid of GST, retailers are limiting their purchases

Afraid of possible losses after the July implementation of goods and services tax (GST), many small retailers and wholesalers have limited the quantity of products they buy from consumer goods companies. The fear is a result of the worry that once GST gets implemented, it would apply on the goods…

Govt launches training programmes to create skilled manpower

In order to create skilled manpower in specialised sector, the Ministry of Science and Technology is launching training programmes linked to the industry. The training programme will be initiated by Council for Scientific and Industrial Research (CSIR), an arm of the ministry, and it will train p…