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Govt's move to defer TCS under GST will ease pressure of cash flow for small biz: Amazon

The Government's move to defer implementation of TDS and TCS provisions under the upcoming GST regime will ease pressure of cash flow for small businesses on e-commerce platforms, leading e-tailer Amazon said. According to PTI report: E-commerce players like Flipkart,...

How will GST cookie crumble for retail?

Industry stalwarts share their views on how the retail industry will perform in the aftermath of GST roll-out and how the industry is gearing to face the initial hiccups arising from its implementation. What are retailers and producers doing to...

Walmart to benefit from GST in India, says Krish Iyer

Walmart will be benefited by the Goods and Services Tax (GST) which will be a win-win situation for all, the American retail giant's top official in India said as the landmark tax reform measure is all set to be...

GST impact: Customers benefit as retailers get busy clearing stocks

With less than 10 days to go for the biggest indirect tax reform to take effect, retailers are rushing to clear their stocks by offering huge discounts ranging from around 30 per cent to 60 per cent. Retailers said the...

Retailers need to file single GST return every month, says Revenue Secretary Hasmukh Adhia

Days before the rollout of the landmark GST, the Government has sought to dispel the notion that the new tax regime will be cumbersome and compliance-heavy, saying taxpayers need to file only one return every month, similar to what...

Reliance Retail expects no disruption in GST regime

Reliance Retail is not expecting any disruption with the Goods and Services Tax (GST) is likely to roll out on July 1, a company official said on Thursday. CFO Ashwin Khasgiwala said that, in fact, said the GST would bring...

Organised retailers work overtime to be GST-ready, expect it to be level-playing field

Organised retailers do not expect the Goods and Services Tax (GST) to impact their sales despite general fears that it could disrupt businesses, and hope to be fully ready for the uniform tax regime in the next few weeks. "As...

India Inc prepared for GST rollout from July 1: CII

As the GST Council meets here to finalise issues before the Goods and Services Tax is implemented from July 1, industry lobby CII said on Sunday that Indian industry is ready for the rollout of the pan-India indirect tax...

GST to rollout on July 1, return deadline relaxed by 2 months

The GST Council on Sunday unanimously agreed on a July 1 rollout of the Goods and Services Tax regime despite some pending issues, while relaxing the return filing deadline for the first two months, and approved the rules on...

Over 70 per cent active merchants on Paytm Mall are GST ready

Paytm Mall has launched a comprehensive seller assistance programme to help merchants on its platform become GST-compliant. The company is supporting sellers get access to Goods and Service Tax Network (GSTN) numbers, simplifying the process of owning multiple GSTNs...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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