Goods and Service Tax (GST) Council has slashed tax rates from 28% to 18% on over 85 consumer durables. Several white goods such as washing machines, televisions, refrigerator, kitchen appliances and more will be available at a lower price. The reduced prices come into effect from 27th July 2018. This is sure to delight consumers…
Indian Logistics Industry: Solution to the Challenges
Challenges beget innovation and change. The same holds true for the logistics industry. There has been a significant amount of technology adoption alongside a changing regulatory environment, improved infrastructure, and the resultant elimination of intermediaries. The clear-cut tax structure with the implementation of GST has decreased, if not complete removed, inefficiencies, and delays in the…