Tag «gst»

GST will reduce electronic manufacturing cost in India

electronic manufacturing in india

Domestic manufacturers of electronic devices will benefit from the goods and services tax (GST) system because manufacturing costs will be greatly reduced. According to a study done jointly by ASSOCHAM and NEC Technology, “Local manufacturers will be able to reduce their profit in taxpayers to bring it down to the customer.” According to the study, …

GST will end corruption in country: Yogi Adityanath

uttar pradesh new cm yogi adityanath

Chief Minister Yogi Adityanath said that the farmers of UP have so much potential that the production going today can be increased four times. The Center and the State Government are constantly working to improve the condition of the farmers. He said that to increase the income of the farmers, 20 new agricultural science centers …

E-commerce and GST against each other; Amazon, Flipkart, Snapdeal together against TCS

flipkart

E-commerce and GST come against each other, with TCS, a provision of GST; making e-commerce big shots to come forward on the platform together to make reformations on the draft of GST bill passed by the Government. Amazon, World’s largest e-commerce industry, Flipkart, India’s largest e-commerce industry, and Snapdeal, India’s third largest e-commerce industry came together to …

India to emerge as economic superpower in 15-20 yrs: Rajnath

india economic superpower rajnath singh

Union Home Minister Rajnath Singh today exuded confidence that India will emerge as the economic superpower in 15 to 20 years following the steps being undertaken by the Centre to strengthen the economy. “I cannot speak for a couple of years but on the basis of my limited understanding I can confidently say that no …

Mahindra expects e-vehicles won’t be in luxury segment in GST

mahindra expects e vehicles luxury segment in gst

Mahindra Electric expects the government will not consider electric vehicles as luxury items in the proposed Goods and Services Tax (GST) regime as these promote pollution-free transportation, a company official said on Friday. “Any new technology will not fall into luxury segment when it is meant for pollution-free transportation and for the common people. Not …