Channel partners have welcomed the historic Goods and Services Tax (GST) Bill passed by the Rajya Sabha on Wednesday. Channel partners said that the bill, which proposes uniform taxation across the states, will bring ease of doing business and resolve various challenges in the current indirect tax landscape. Partners said that GST would facilitate hassle free movement of goods and services across the region and benefit both dealers as well as end users. The much awaited GST bill finally got approval in the Rajya Sabha as the government pacified opposition’s...
Apple CEO Tim Cook’s recent India visit seems to have proved fruitful for the company. Apple has gained a lot from the major policy reforms of the Indian Government in Foreign Direct Investment (FDI). After the government cleared roadblocks, Apple is expected to open up exclusive retail outlets across regions and strengthen its service support for Apple lovers in the country. Bringing major reforms in the FDI policy, the Indian government has allowed 100 per cent FDI in single-brand retail trading in the country among other sectors. The decision was...