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Policy

The section takes up the issues on policies by the government and trade bodies. The coverage here transforms a plain news piece to something alike a feature with experts’ views and opinions.

Showing 1 - 15 Articles out of 189

Goods & Services Tax (GST) is one of India’s biggest tax reforms since independence. It will subsume virtually all indirect taxes levied by state and central government and make a significant impact across industries. The need for GST has been felt since under the existing indirect tax structure 1) tax barriers have

BY Guest author  |  Jul 03, 2017  |  comments ( 0 )  | 

GST is no ordinary tax reform. It is one of a kind reform, which is poised to change the scenario of taxation in the country, and legitimately its effects on the retail industry must be considered.Retail industry contributes about 20% of India's GDP. The Indian retail market is estimated to be US$600 billion and one of

BY Guest author  |  Jun 27, 2017  |  comments ( 0 )  | 

India should take lead in establishing a legal infrastructure on the application of artificial intelligence (AI) to become a frontrunner, suggested a recent ASSOCHAM-PwC joint study titled, ‘Leveraging artificial intelligence and robotics for sustainable growth.’ The jointly conducted study by ASSOCHAM-PwC highlighted how

BY Guest author  |  Jun 16, 2017  |  comments ( 0 )  | 

Indirect taxes in India have driven businesses to rebuild and demonstrate their production network and systems owing to variety of assessments and costs included. With expectations that the Goods and Services Tax (GST) will see the light of the day, the way India works together will change, until the end of time. The Indian economy

BY Guest author  |  Jun 07, 2017  |  comments ( 0 )  | 

Government is incessantly coming up with ways to ensure an encouraging business climate in India and one of their initiatives is the GST, one of the biggest tax reform in Indian financial ecosystem, which strives to transform India’s multi-layered indirect tax system, into a single unified one. This in turn, liberates the nation

BY Guest author  |  Jun 06, 2017  |  comments ( 0 )  | 

GST, a comprehensive indirect tax system, is a few months away from rollout. Businesses need to understand the implications of GST on various day to day operations. Working capital is the lifeline of a business to carry out day-to-day operations. Managing working capital efficiently is a problem that plagues both small and large

BY Guest author  |  Apr 24, 2017  |  comments ( 0 )  | 

Retail sector has always been one of the biggest sectors thriving on the huge consumption base in India.This sector is a major contributor to India GDP and still has a big scope for expansion considering the untapped market base which makes this sector an enticing opportunity for investment. The changing landscape i.e. from brick and

BY Guest author  |  Feb 20, 2017  |  comments ( 0 )  | 

Indirect taxes, as with any other industry, play a pivotal role as a catalyst in the growth of the mobile handset industry. Current regime the Indian mobile manufacturing players are reeling under cost pressures and low margins especially with Chinese players providing stiff competition. At present, majority of the mobile handset

BY Guest author  |  Feb 02, 2017  |  comments ( 0 )  | 

Indian eCommerce today is surely at its unprecedented best and with government’s sheer focus on this digital format of retailing, the future of the industry look quite bright. Currently India stands as one of the leading eCommerce destinations across the globe. An industry that was earlier restricted to particular segments and

BY Sahil  |  Sep 19, 2016  |  comments ( 0 )  | 

With a comprehensible rollout of policies such as foreign direct investment (FDI) and goods and services tax (GST), Indian retail ecosystem (both online and offline) look far more strengthened and organised. The newly passed GST bill is expected to be a key in unlocking various issues faced by eRetailers today. No doubt the eCommerce

BY Sahil  |  Sep 16, 2016  |  comments ( 0 )  | 

The Model Shops and Establishments (Regulation of Employment and Conditions of Service) Bill has been recently approved by the cabinet for promoting job opportunities in the Information Technology and Retail sector of India by enabling round-the-clock service. Besides accelerating economic growth, the Bill aims to provide greater

BY Guest author  |  Sep 16, 2016  |  comments ( 0 )  | 

After the Indian government rolled out 100 per cent foreign investment in food retail, many companies have vouched for extending the norm to non-food item as well. The recent to join the support is Walmart India, in his recent interaction with media, Krish Iyer, CEO, Walmart India stated that Walmart is still evaluating India's

BY Indian Retailer Bureau  |  Sep 15, 2016  |  comments ( 0 )  | 

Finally, all the speculations about GST (Goods and Services Tax) are over, after President, Pranab Mukherjee signing the bill to become a law. After getting ratified from 16 states, the bill had gone to the President for his approval. Now, the government has ramped up its operations to implement it in the country’s tax

BY Indian Retailer Bureau  |  Sep 09, 2016  |  comments ( 0 )  | 

Clearing the air about introducing Foreign Direct Investment (FDI) in multi-brand retail, the government had said a big no for the option. Revealing further, the government stated that the country is not ready to welcome the new move. Since country’s small traders and farmers are not that strong to face the hard-hitting market

BY Indian Retailer Bureau  |  Sep 08, 2016  |  comments ( 0 )  | 

About a decade ago, brick and mortar stores were synonymous with retail sales in India. But over the past decade, retail sales in India have been reorganised in the advent of e-retail. The e-tail form of retailing is expected to be at par with the brick and mortar stores in the next five years. India’s business to business (B2B)

BY Guest author  |  Aug 20, 2016  |  comments ( 0 )  |