India has an estimated five crore small and medium enterprises (SMEs) that form the backbone of the economy. How will the implementation of the goods and services tax (GST) impact the sector, which contributes 50 per cent of the industrial output and constitutes India’s 42 per cent export earning…
Tag: Saahil Goel
Demonetisation Effect | Small entrepreneurs and retailers rush to sell online
Vimal Jain, a jewellery store owner, was desperate. The sales at his store, Shubham Jewellery, located in Bengaluru’s commercial hub Chickpet, had dropped by almost 70% since the government scrapped the Rs 500 and Rs 1,000 notes. Most of his transactions, which used to take place in cash, h…