Are exports suffering under the Goods and Services Tax (GST) regime in India?

The Goods and Services Tax (GST), India's biggest indirect tax reform, is here, bringing in radical tax reforms that affect everyone, particularly Indian businesses no matter what their size is. Big corporates will be as affected as small and medium enterprises (SMEs) and startups—the backbone of the Indian economy. India has 36 million SMEs and, globally, the country has 3,100... Continue Reading →

GST impact: Increased tax burden for manufacturing sector SMEs?

The Goods and Services Tax (GST) has been implemented and brings about huge tax reforms. One of its ramifications is for small Indian enterprises, including startupsand SMEs, who find themselves burdened with more tax. Small and medium enterprises (SMEs) of the manufacturing sector in India face increased tax in the GST regime and may not have it all easy, says Indo-American Chamber of Commerce (IACC). They... Continue Reading →

India’s GST rollout: Golden opportunity for fintech software companies

The Goods and Services Tax (GST), India's biggest indirect tax reform, is here, bringing in radical tax reforms that affect everyone, particularly Indian businesses no matter what their size is. Big corporates will be as affected as small and medium enterprises (SMEs) and startups—the backbone of the Indian economy. India has 36 million SMEs and, globally, the country has 3,100... Continue Reading →

World’s cutest solar power plant in the form of a panda launched in China

Can solar power farms be adorable? The Panda Power Plant installed in Datong, China has been shaped like the nation’s treasured animal. The power plant has been drawing rave reviews due to its aesthetics. The first phase of the plant offers 50 MW of green energy. Panda Green Energy built it in agreement with the United Nations Development Program (UNDP) and advocates for renewable... Continue Reading →

Will privatization cure Air India?

In one more push by the privatization juggernaut, the Indian government has given the go-ahead to the privatization of debt-laden Air India and five subsidiaries. Following a Cabinet meeting, India’s finance minister Arun Jaitley has said that in-principle approval for its divestment had been given and a panel headed by him will decide the modalities of the Air India sale. Arun... Continue Reading →

Microsoft job cuts in thousands as focus shifts to cloud and digital transformation

Tech giant Microsoft plans massive layoffs as the company shifts focus from software business to cloud computing and other transformative digital services, according to reports. Whereas several reports predict changes will result in thousands of layoffs, Microsoft confirmed to AFP that the changes were on way. "Microsoft is implementing changes to better serve our customers and... Continue Reading →

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