-PTI As much as 40 per cent drop has been recorded in sales in markets across the country due to low footfall of consumers because of cash shortages New Delhi: As much as 40 per cent drop has been recorded in sales in markets across the country due to low footfall of consumers because of cash shortages, traders body CAIT said on Monday. With just 3 days for Diwali, “markets across the country...
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Small businesses grapple with GST compliance -Surabhi
-The Hindu Business Line Automating the systems seems to be the biggest challenge New Delhi: With less than a week to go for the new indirect tax regime to kick in, small businesses are trying to understand the modalities of the goods and services tax (GST) as the compliance burden for them is set to significantly rise. Making a relaxation for small businesses, rules allow those with an annual turnover between Rs. 20...
More »GST Is Proving to Be a Procedural Nightmare for Small Service Providers and Traders -MK Venu
-TheWire.in Most of the outreach efforts of the finance ministry to explain and create awareness about the GST have been with the bigger industry players. It is becoming increasingly clear that that neither the Centre nor states are adequately prepared to launch the goods and services tax (GST) on July 1. The sheer multiplicity of taxes, as also different tax slabs for the same commodity or service, is a problem which has...
More »Orphan food? Nay, future of food -Satish Deodhar
-Livemint.com Pulses are important from the perspectives of food security, environmental sustainability and balanced nutrition Most pulses such as pigeon pea (tur dal), black gram (urad), green gram (mung), field beans (waal), moth beans (matki) and horse gram (kulith) are native to the Indian subcontinent and have been an integral part of our diet for centuries. However, the single-minded focus on cereals over the last 50 years—the green revolution in wheat and...
More »Everybody’s loss-Jyotika Sood
-Down to Earth Delisting fruits and vegetables from APMC Act in Congress-ruled states will not benefit farmers Congress vice-president Rahul Gandhi last December said fruits and vegetables will become affordable if states allowed farmers to directly sell their produce to consumers. He also directed the chief ministers in Congress-ruled states to delist fruits and vegetables from the Agriculture Produce Marketing Committee (APMC) Act. The Act makes it mandatory for farmers to sell...
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