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IAMAI slams GST bill, says it spells doom for e-retail

Internet and mobile industry body IAMAI representing giants like Google, Flipkart, Facebook, and Airtel Money on Monday slammed proposed Goods and Services Tax Bill saying it fails to recognise the digital economy and push back regulatory progress by decades. "The new GST Bill springs an unpleasant...

All online purchases to attract GST: Amit Mitra Panel on Model Law

All purchases made online will attract a uniform Goods and Services Tax, likely to take effect from April next year, according to the model GST law approved by state finance ministers headed by West Bengal finance minister, Dr Amit...

Finance Minister hints at GST rollout next year

Hinting at rollout of GST next year, Finance Minister Arun Jaitley said a constitution amendment bill on the new indirect tax regime will be brought to Rajya Sabha in the next session and all supporting legislations required will be...

GST to create a unified market, prevent tax-on-tax: Jaitley

The roll-out of GST will convert India into one common market, prevent tax-on-tax and make goods and services cheaper, Finance Minister Arun Jaitley said on Wednesday. Jaitley said he hoped the main Opposition, Congress, will come on board to help in the passage...

Modi Government turns 2: Five Hits and Misses in Retail

Two Years of Modi Government for Retail On May 26, two years ago, the Narendra Modi-led NDA Government came to power with an absolute majority. The lavish swearing-in ceremony promised to bring in winds of change. Team Modi was ready with a bold plan for the country. It...

CAIT writes to Sonia Gandhi, urges Congress to support GST

Traders body The Confederation of All India Traders (CAIT) on Monday - while seeking an audience with Sonia Gandhi - urged the Congress President to back the GST Bill "so that the much-awaited tax reform could see the light of...

Congress ready to support GST if recommendations accepted

Congress has claimed in the Rajya Sabha that the real opposition to the long-pending GST bill was coming from within the government and that the main opposition was ready to give full support to it provided its three key...

Reforms can attract UK investments into food sector

Policy reforms like liberalisation of FDI in multi-brand retail and implementation of GST can attract investments from UK companies into the domestic food supply sector, according to a report titled, India-UK collaborations and investments in food supply chain, prepared...

GST will smooth the way for e-commerce companies: Report

Implementation of GST will help resolve various issues concerning taxation and logistics with regard to e-commerce business, which has been recording rapid growth in the country, says a CII-Deloitte report on 'e-commerce in India A Game Changer for the...

GST to roll out by April 2017: HSBC report

A report of HSBC has said that the Goods and Services Tax (GST) Bill is likely to be passed this year, also the new indirect taxes regime will be rolled out from April next year. As per the global financial...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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