Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers. The price for a container of goods from China…
MSMEs, small dealers not to be affected by…
New Delhi: Small businesses and dealers will not be impacted by the new government rule of paying at least 1 per cent of GST liability in cash as only entities with annual turnover of Rs…
Freight boom fires Buffett trains, Maersk ships and…
A great global restock is at hand, filling ships, trucks and trains, and also firing oil demand. During the depths of China’s coronavirus crisis at the start of the year, shipping behemoth A.P. Moeller-Maersk A/S…
GST on lottery: SC’s recent judgement is a…
Taxability of sale of lotteries and other related issues have been among one of the contentious issues between industry and the Government, both Centre and the States. We have carried the legacy of this dispute…
Covid relief bill adds PPP tax breaks the…
House Speaker Nancy Pelosi, D-Calif., leaves a meeting on Capitol Hill on Dec. 18, 2020.Saul Loeb | AFP | Getty ImagesLawmakers extended an additional lifeline to small businesses in the next round of Covid stimulus:…
China extends stimulus measures for small businesses —…
A man wearing a face mask rides a bicycle, as the country is hit by an outbreak of the novel coronavirus, in Beijing, China February 12, 2020.Carlos Garcia | ReutersBEIJING — China is extending support…
‘Three martini lunch’ tax break may not save…
Juanmonino | E+ | Getty ImagesCongress wants business owners to head out to restaurants and claim a full tax deduction for doing so.Whether it will be enough to save embattled dining establishments is another story,…
How can India build globally competitive MSMEs?
Recent RBI data suggests that the availability of credit for MSMEs has contracted despite the Emergency Credit Line Guarantee Scheme (ECLGS) that was announced to help this fragile sector survive the impact of the pandemic-induced…
Redefining supply chain management in MSMEs: What to…
The gradual adoption of digital routes by keeping customer experience at the center, is driving the industrial renaissance in supply chains worldwide. By optimizing the supply chain, custom goods can be manufactured and shipped at…