The company also reportedly announced the exit of its Chief Executive Officer, Sanjiv Roy, in its recent filings at the Stock Exchange.

Big buyers settle payments after 3 months, but small suppliers have to borrow money to pay higher extra tax and bear the cost of interest for 3 months.

Almost 400,000 women who would earn Rs 300-800 per day by working from homes sewing, stitching or pasting diamonds and other embellishments on fabric have no work.

MSMEs had not yet recovered from the demonetisation move when GST came in to add to the pain, according to industry stakeholders.

India is the world's fastest growing major business travel market. According to the Global Business Travel Association (GBTA), business travel spend in India is forecast to reach close to USD 37 billion in 2017, and India is expected to become the world's sixth largest business travel market by 2019.

Much of the efforts of the Bharatiya Janata Party (BJP) leaders to explain away the current economic slowdown as the result of "technical" glitches, as party president Amit Shah tried to do, or as teething troubles of demonetisation and the Goods and Services Tax (GST), are likely to be seen as instances of whistling in the dark to keep up the party's spirits ahead of a series of state assembly elections.

Here are five golden rules to start a successful business this Diwali. It is a great time to start your new online business or to take your existing business online.

With Diwali around the corner, industry players are betting big on sales of consumer durables like 4K smart TVs and larger appliances like washing machines, which are expected to see a surge in sales this festive season compared to a year ago.

It was a summit based on huge expectations on both sides, the first between the leaders of India and the European Union since Brexit. The meeting was rich in symbolism, marking 55 years of diplomatic relations between the world's two largest democracies. Political goodwill and determination to overcome road blocks were evident in the body language and statements emanating from the leaders, with the President of the European Council, Donald Tusk, quoting Nobel laureate Rabindranath Tagore: "It is important for the two sides to swim in the same direction despite their differences".

Prime Minister Narendra Modi on Saturday said Diwali had come early because of the relaxation in GST rules that brought some relief to small and medium businesses (SMEs).

India's fight against corruption is led by a robust and time tested institutional and legislative framework including the Prevention of Corruption Act, an independent Central Vigilance Commission, the Comptroller and Auditor General, the Judges (Inquiry) Act, the Lok Pal and Lok Ayukta Act 2013, Whistle Blowers Protection Act 2011, Prevention of Money /Laundering Act, Benami Transactions (Prohibition) Act which cover a number of areas of criminalization and bribery. All civil servants are mandatorily required to declare their assets on an annual basis.

It is not clear what has caused the issue, but a tweet from GST Tech says it is facing issues and that users will have to try after some time.

In order to eliminate ambiguities and avoid litigation due to inaccurate or flawed valuation of goods and services, it is very important to know how you should deal with aspects like discounts on goods or services

The dealers digital shoppe (DDS) comprising over 200 members from across the state has invested jointly in buying products in bulk so as to enable small dealers to give attractive offers and discounts.

Assam government has also announced that it will come up with a scheme where small traders/ enterprise will be helped with initial fund of Rs 1-2 lakh.

On the 75th anniversary of the Quit India movement, Prime Minister Narendra Modi urged citizens to create a new India by 2022 by freeing the country from poverty, corruption, dirt, terrorism, casteism, and communalism. To fulfill this vision of a new India, it's important that all stakeholders come together and support the governments efforts on eradicating these evils.

a. By 2020, the country is expected to become the fifth largest manufacturing destination, and is touted to hold potential to account for 25-30% of country's GDP while creating up to 90 million jobs by 2025.

The problem with issuing a dire ultimatum as a first response to a traditionally bellicose regime is that the one issuing it is boxed in. That could well be the problem that President Donald Trump could likely face as he deals with North Koreas supreme leader Kim Jong-Uns increasingly aggressive moves threatening the United States.

The swelling list of teething problems, such as dealing with unregistered vendors, cracking harmonised system of nomenclature (HSN) code has compounded matters.

At present only Khadi yarn produced in the sector is exempted, while other Khadi products attract a 5 per cent Goods and Services Tax levy.