New Delhi: The Goods and Services Tax (GST) Council meeting on Friday is likely to be a stormy affair, with some states opposing the Centre’s proposal to cut tax on automobiles, citing revenue shortfalls and previous instances of businesses failing to pass on tax cuts to consumers.
BENGALURU: Top apparel brand owners including Aditya Birla’s Madura Fashion & Lifestyle, the Landmark Group and the Bestseller Group are deepening their partnerships with online retailers Flipkart and Amazon, as they seek to expand their distribution and consumer base by introducing lower-priced, exclusive ranges that are not made available in physical stores.
New Delhi: Commerce Minister Piyush Goyal on Saturday said that the Centre's new measures on boosting the exports sector will benefit micro, small and medium enterprise (MSME) exporters with a new scheme for reimbursing taxes, reduced insurance cost and ease of doing business.
Mumbai: India’s central bank had been buying dollars for seven consecutive months even when the rupee had been under pressure.
If you want to understand the present, look to the past. All the talk right now in apparel supply chains is of new technology, automation and robots potentially replacing humans.
NEW DELHI: Having detected frauds of close to Rs 50,000 crore, the Centre is looking to tighten processes, including those related to claiming input tax credit (ITC), and will focus on getting states to okay plans to shut down leaks and evasions at this week’s GST Council meeting.