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Retail, from luxury to e-commerce, is an extremely price sensitive business. Logistics, when utilised smartly, can prove to be a key factor impacting profits.
A Blockchain is a distributed database that maintains an ever-growing list of records called blocks.
The article comprises key reactions from Retail,FMCG and E-commerce segment.
Post GST the tax rate on gold stood at 12.2% which comprised of 10% customs duty, 1% excise duty and 1.2% VAT. The effect of GST has reduced the cost gap between organized and unorganized players of the industry.
USD 26 billion is the estimated potential of B2C ecommerce exports from India: Study
GST is the landmark tax reform that has power to reshape the retail industry by ushering the era of single tax regime.
With the government stepping up focus on economic reforms and development, everyone is eagerly awaiting the Union Budget 2017-18. Among the key sectors that are expecting major policy changes is the e-commerce industry.
One of the major challenges of the eCommerce industry today is the rising consumer concern about counterfeit and piracy, especially in terms of payments and villainous eCommerce imposters.
The logistics and transportation industry in India is worth $130 billion annually, and contributes to 4.7per cent to the countryís GDP. However, it is mostly unorganised and fragmented due to different tax structures at the state level.
As per the MoU, Stayzilla will support verification procedures, and will also assist to boost homestays in places of interest within Madhya Pradesh.
With the Union Budget 2016-17, Prime Minister (PM) Narendra Modi and Finance Minister (FM) Arun Jaitley have come a step closer to promoting infrastructural and digital growth, say the retail community.
Itís just a matter of few days and our Finance Minister Arun Jaitley will unveil the much awaited Union Budget for the coming fiscal.
As eCommerce spectrum of the country is on high tides, the import from other countries is also estimated to scales significantly at 78.5% during 2015-16, says a study from Paypal and Ipsos.