The Indian cement industry holds the impressive position of being the world’s second-largest producer of cement, just behind China. With the Indian Government’s strong emphasis on infrastructure development, affordable housing, and road construction, as highlighted by FM Mr. Arun Jaitley …
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Discovering the Influence of GST on the Lucrative Tobacco Industry in India: Delving into Tax Rates, Levies, and their Consequences Despite the well-known health risks associated with smoking and tobacco consumption, the tobacco industry continues to thrive, with India standing …
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The automobile industry in India is a significant market that annually produces a considerable number of cars and bikes, primarily due to the country’s massive population. With the implementation of GST, numerous indirect taxes have been subsumed. In this article, …
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The implementation of GST in India in 2017 aimed to unify the indirect taxation system by bringing multiple taxes under one umbrella. The GST rate on hotels with tariffs above Rs.7,500 was initially set at 28% and on rooms with …
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If you are renting out a residential property for residential purposes, it is not subject to Goods and Services Tax (GST). However, any other type of lease or rental of an immovable property for conducting business would be subject to …
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In today’s day and age, electronic appliances have become a necessity for every household, including refrigerators, washing machines, vacuum cleaners, and chimneys. The impact of GST rates on these appliances has been a topic of discussion. Additionally, the rates declared …
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This article presents an impact analysis of GST on the restaurant and food industry, a vital sector of the Indian economy that caters to our palates. It delves into the intricacies of GST on food items and restaurants and sheds …
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The current Indian government has set a target of enhancing the output and quality of exports through the “Make in India” initiative, which includes providing tax benefits to exporters. However, there is still a sense of uncertainty among exporters regarding …
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In this article, we’ll be delving into the taxation of gold in different forms under the Goods and Services Tax (GST). The introduction of GST brought a major change in the Indian taxation system as it subsumed several indirect taxes …
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Gurgaon, a bustling city located in the northern Indian state of Haryana, has emerged as one of the leading destinations for multinational corporations (MNCs) in recent years. The city, also known as Gurugram, boasts of excellent infrastructure, a skilled workforce, …
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Welcome to the bustling and beautifully designed corporate park, DLF Cyber City, located in Udyog Vihar, Gurugram! It’s home to a plethora of top IT firms and Fortune 500 companies, making it a major hub for the IT industry in …
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Chennai is a major hub for the chemical industry in India, with a significant presence of national and international players. With the growing demand for chemicals in various industries such as pharmaceuticals, textiles, and food processing, Chennai has become an …
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Chennai, also known as the “Detroit of India,” has been home to numerous electrical companies that have been catering to diverse industries for several decades. The city’s well-established infrastructure and skilled workforce have created an ideal environment for businesses to …
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Chennai, also known as the “Detroit of Asia,” is renowned for its thriving automobile manufacturing industry. The city is home to numerous automobile companies that manufacture heavy vehicles, cars, bikes, and more. In this blog, we will take a closer …
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Kanpur, the industrial capital of Uttar Pradesh, is home to a diverse range of top industries that contribute significantly to the city’s economy. From leather to textiles, from manufacturing to food processing, Kanpur’s top industries have made their mark in …
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India is one of the world’s major producers and consumers of zinc, a vital metal used in a wide range of industrial applications, from galvanizing steel to making batteries and alloys. With abundant reserves of zinc ore and a favourable …
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The state of Kerala, located on India’s southwestern coast, is known for its vibrant culture, stunning natural beauty, and thriving economy. The city of Kochi, in particular, has emerged as a hub for construction and real estate development, with a …
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India is one of the largest producers of dairy products worldwide, with an extensive range of products like yoghurt, cheese, butter, paneer, and ice cream. Dairy products are a staple in every household, and it’s no surprise that the industry …
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In India, any individual or business entity that engages in the taxable supply of goods or services within a state, and has an annual turnover exceeding Rs 20 lakh (with variations depending on the state or union territory), must register …
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Under the Goods and Services Tax (GST) system, the Integrated Goods and Services Tax (IGST) rate is determined by adding the Central Goods and Services Tax (CGST) rate and the State Goods and Services Tax (SGST) rate. The IGST is …
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Reverse charge is a unique mechanism under the Goods and Services Tax (GST) framework that mandates the recipient of goods or services to assume the responsibility of paying GST, instead of the supplier. What is Reverse Charge Mechanism – Details?…
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SGST stands for State Goods and Service Tax, which is a crucial component of the Goods and Service Tax (GST) system. The concept of one tax one nation is what makes it all the more intriguing. Under the State Goods …
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CGST is the acronym for Central Goods and Services Tax, which includes all the previous central indirect taxes. It is a tax imposed by the central government on the movement of goods and services within a state. In simpler terms, …
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Havells India, founded in 1983, has grown to become one of the largest and fastest-growing electrical and power distribution equipment manufacturers in India. With an impressive range of products, including industrial and domestic circuit protection switchgear, motors, cables and …
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The use of metals has been a major driving force behind industrialization, with steel being one of the most significant metals. The production and consumption of steel are often used as indicators of a country’s economic growth since it serves …
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The telecommunications sector, a backbone of the digital era, has witnessed a paradigm shift from traditional wireline systems to advanced wireless and internet technologies. This dynamic industry, now at the forefront of global connectivity, plays a pivotal role in shaping …
In the ever-evolving landscape of the global economy, technology companies have emerged as pivotal players, driving economic growth, shaping consumer preferences, and influencing financial markets. Over the past decade, the most significant tech stocks have outperformed the broader market, underscoring …
India’s export sector has undergone a significant transformation, becoming a vital component of its burgeoning economy. This growth is not just a testament to the country’s industrial and entrepreneurial spirit but also to its ability to forge strong business relationships …
India’s private sector has been a cornerstone of its economic growth, showcasing an array of companies that excel in diverse fields ranging from technology and banking to consumer goods and construction. These top 10 private sector companies in India are …