Retailers Call For Rethink After Steep Tobacco Tax Hike
Indian retailers have asked the government to reconsider a sharp hike in excise duty on tobacco products, warning it could hurt small businesses and boost illicit trade, according to FRAI.
Indian retailers have asked the government to reconsider a sharp hike in excise duty on tobacco products, warning it could hurt small businesses and boost illicit trade, according to FRAI.
Industry bodies urge the government to create a fair, competitive environment and empower local retailers with the right technology
Retailers’ body urges rationalised GST to boost consumption and ease compliance The Retailers Association of India (RAI) has welcomed the government’s proposed Goods and Services Tax (GST) reforms, calling them a step towards making the tax system simpler, fairer, and more growth-oriented. Kumar Rajagopalan, CEO of RAI, highlighted that reducing GST on both everyday […]
Regional data shows that west India recorded the highest year-on-year growth at 10 per cent
A survey says that over 82 per cent of offline retailers want to go digital, with the marketplace being the most preferred platform for sales.
Around 90 per cent of retail associates believe that they can provide better customer experience when they have mobile technology tools to help simplify real-time communication
Honeywell’s report stated that 35 per cent of major retailers plan to significantly increase their AI investment
The umbrella body states that tax collectors, focused solely on revenue generation with disregard for social impact, may be tempted to push more goods into higher tax slabs
Three-fourth of the respondents believe that India provides a conducive environment for business growth