gst

Is The Indian Mobile Industry Heading For Collapse?

On Saturday, the Goods and Services Tax Council meeting which was chaired by our Finance Minister Nirmala Sitharaman came to a decision to hike the GST rate on mobile phones by 6%, therefore, pushing it to 18%...

Nandan Nilekani In Hot Water Due To GST Glitches?

The shortcomings of Infosys Ltd. which is the service provider for the GSTN portal has been clearly visible via the continually persisting glitches in the GST Network (GSTN) portal. This has led to a lot of difficulty...

New GST Amendment Might Impose 18% GST On Salaries Of Executives

If you are among the top executives of your company in India be ready to take a hit on your income as the new rule the government is seriously considering to roll out soon will make a...

Indian Government Accused Of Rolling Out Untested GST System

The Goods and Services Tax, aka GST, launched on July 1, 2017, saw its first audit by the CAG. The audit report spills bean that is no less than a surprise. It reveals that the government was...

Sales of High-End Smartphones In Grey Market in India Causing A Loss Of Rs 2,500 Cr. Every Year!

The sales of high-end mobile phones in the grey market have been causing an estimated loss of Rs. 2500 crore each year, as claimed by India Cellular & Electronics Association (ICEA). At present, a basic customs duty...

Why Flipkart, Amazon, Myntra And Other eCommerce Players Are Under Scanner of GST Council?

Looks like all major eCommerce companies including Flipkart, Amazon and Myntra have encased themselves in the anti-profiteering watch-list! Last year GST council had cut the taxes on 178 products. In consonance with recent reports, eCommerce companies such as Amazon Inc. (NASDAQ:AMZN) and Myntra are likely...

GST And Smartphones: Do Indian Buyers Need To Be Worried About Rising Prices?

The past year has been incredibly eventful for the Indian smartphone and mobile industry. The launch of Reliance Jio brought 4G VOLTE to the masses, leading to increase internet speed and penetration. It also spurred the demand for 4G enabled...
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Windfall! Online Grocery Market In India Looks Set For Purple Patch Ahead

Silver linings are clearly in short supply in the pandemic fuelled world that we have come to...
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$4.6 Billion Incentive For Companies To Push Electric Vehicle Adoption In India

The Electric Vehicle (EV) market in India is at a nascent stage. So far, the sales of EVs have been encouraging, albeit...

Amazon Luna Is Here To Eat Into The Cloud Gaming Market, Dominated By Google And Microsoft

The cloud gaming space has been one of the key interest areas of Amazon for quite some time. Today, the eCommerce giant...

Facebook’s Chasm Of Distrust: An Ever-Deepening Divide

Facebook, the world's most popular social media platform has failed measurably as it is voted as the least trusted social media platform...

With 9.8 Million Users Coursera Observes Boom Of Online Education In India

The global outbreak of Covid-19 has changed the lifestyle of people and almost every industry has resorted to online in a bid...