New Delhi: Federation of AII India Information Technology Associations (FAIITA), the national umbrella body over all state IT federations/ associations met the central minister for IT and communications, Ravi Shankar Prasad to put forward their demanded to rationalize the tax structure to ‘Flat 18%’ for IT products. The association represents 30 thousand member-business organizations across India, pursuing business nearing to 20,000′00 Cr and welcomes GST initiative of “One India One Tax”. “We are hereinafter submitting concerns arising from differential tax slabs for various IT components, accessories, Networking equipment and spares,...

This is incidentally the last week before GST implementation takes off. It is essential to understand how GST will impact us. We bring to you the story “How To Tame The GST Beast?” that will help you sail smooth through this phase of transition. E-commerce giant, Amazon announced the setting up of 16 ‘GST Cafés’ across 11 cities to help sellers understand the nuances of GST and transition seamlessly through the entire process. Another important story is that of Ixia which has announced that the company has signed a distribution...