Impact of GST

Every business dreams of growing higher, earning more profits, making higher investments, and of course, reaching out to more and more customers. A business may start within a single locality, but soon it’s geography spreads out to other localities, towns, cities and even across states until the entire country becomes its target. In terms of…

Management of working capital is a chaotic task that all businesses have to take care of – working capital helps to stem the needs that arise from daily operational activities of a business and is required by small and large businesses alike, irrespective of their size. Ill management of the working capital of a business…

The GST is about to bring the Indian marketplace into the foray of a single unified tax system – the largest tax reform that the nation has witnessed since independence. The aim of the GST is to subsume all the existing taxes into a single tax for bringing about ease of credit flow across the nation…

An Assocham-Forrester study suggests that India has become a huge e-commerce hub with total projected revenue growth of INR 12,000 crores in 2020. This sector is said to have a 51% annual growth rate – something the world can look at in awe. In the recent past, steps taken by the Indian government such as…

The manufacturing industry in India has been facing a mammoth task of serving almost 14 million retail points and the end customer – in both the rural and the urban markets. The fast-moving consumer goods sector and durable goods sector has some of the highest demands that manufacturers are required to meet. Furthermore, almost 92%…

This article is the first part of the GST Impact on Manufacturers. As a manufacturing hub, India has received a huge boost pursuant to the Make in India campaign as its position on the world map has gone higher – Deloitte experts state that India is set to be part of the world’s top five…