Goods and services tax, or what we are more familiar with, GST, is one of the most crucial tax reforms ever implemented in India. Though it was in pipeline since quite a sometime, it finally fell into place on 1st of July 2017. It is anticipated that GST, in addition to deciphering the indirect taxation…
Era of Cutting Tools
Manufacturing is an ages old topic, spanning the entire history of modern man & Cutting Process is recurring theme in man’s & Automatic manufacturing techniques. What is cutting Process:- Separating materials is done by physically breaking bonds, or more recently by Melting by using Cutting Tools. Cutting techniques have found particular favor with sheets of material,…
Demonetization – Time of crisis or an era of reward
“All cash not black money, all black money not cash”, a buzzing line post- demonetization. It appalls many to see India listed as top 3 countries as the centre of black money, after Russia and China; a gloomy condition to the nation which has been nourished and nurtured by founding father like Gandhi and Ambedkar…
5 Approaches to Build Customer Relationship and Increase Sales
To develop an effective and efficient approach, which increases sales and helps increase customer satisfaction are the key priorities of almost every sales consultant, sales leader or sales manager. It is, however, difficult to frame out a clear technique that works out for every organization. At the same time, crafting a few tricks and practices …
GST, A Stairway To New India
Imagine the world where you end up paying 4-5 different taxes while purchasing any good for your use. Well, put a break on your imagination because you are actually doing the same right now. In India, we have several types of Indirect & Direct taxes. Though we only think Income tax as a tax which…
Implications of Unified Payments Interface
India’s e-commerce industry is the fastest growing sector and is expected to breach $100 billion mark by the end of the year 2020. The rapidly growing sector has further led to the emergence of payment banking opening up numerous possibilities for e-commerce marketplaces and e-retailers. Online businesses now have a unique payments mix to offer…
Workplace safety optimization: Why and How?
Creating a safe & healthy workplace environment is a crucial step towards employee welfare & engagement for organizations. The objective of workplace safety is to prevent any injuries or illnesses to the employees by keeping the environment clean, suitable to operate & by equipping the workplace with proper safety equipment and tools. Identifying any hazards…
Long term implications of 100% FDI in E-commerce
The growth of e-commerce in India has been stupendous. From online websites to mobile applications and digital platforms one can almost buy any service or product just by the click of the mouse. Owing to the greater adoption of smart phones and technology and with the government’s plans to completely digitize India with its Digital…
Four trends that manufacturers can’t miss in 2016
While sourcing and procurement go hand in hand to establish a concordant relationship among the supply chain agencies, the dynamics of the business environment in 2016 calls for a better arrangement in future global settings. One of the factors that will subsequently influence decision-making in procurement department, is the ability to integrate technology-driven methods in…