Realising that sourcing within India helps cut costs, Uniqlo established an office in Bengaluru in 2016 to identify and work with partner factories in India. The company currently procures cotton fibre from India, as a result
Ease of Doing Business for MSMEs: If MSMEs are expected to contribute more actively to the economic upliftment of India, the IBC must introduce yet another amendment to rescue the MSMEs from their vicious cycle of indebtednes
Experts say the vernacular market in the country presents a massive opportunity for e-commerce players. As per a recently released report by RedSeer Consulting, there are 530 million internet users in India, of which 260 mill
The tax reduction is unlikely to be transferred to the customers in the real estate industry, said industry experts. Oberoi Realty, for instance, has a tax rate of 30.6% and Brigade Enterprises of 34.2%.
A report by a foreign investment bank indicated that the rupee’s move beyond 69-70 against the dollar will not be sustainable as the authorities’ bias appears to be leaning against the sharp real effective exchange rates
Now, with the announcement that minimum alternate tax (MAT) shall not be applicable for domestic companies not availing any tax exemptions, a more simplified tax structure has come about that will attract investment.
One of the major factors for real estate growth in Tier 2 and Tier 3 cities is the initiative undertaken by Prime Minister Narendra Modi in pushing urban development into the far corners of India through the Smart City missio