Sudipto Dey in conversation with Walmart India president and CEO Krish Iyer. How Wal-Mart got a foot in the door of India's retail IMAGE: Inside a Best Price Modern Wholesale store, a joint venture of Walmart Stores Inc and Bharti Enterprises, in Punjab. Walmart India became a 100 per cent subsidiary of Walmart Stores International from January 2014. Photograph: Ajay Verma/Reuters. Walmart India is gearing up to roll out more stores from the first quarter of the next financial year, says ... Rediff.com, 1 week ago
GSTN CEO Prakash Kumar tells Sudipto Dey how information technology can improve service delivery of government departments. IMAGE: GSTN CEO Prakash Kumar has earlier worked closely with setting up the technology backbone for the RTI system. Photograph: Courtesy Business Standard. Our guest is a self-confessed non-foodie. Given a choice he would eat home food at the Goods and Services Tax Network (GSTN) canteen on the fourth floor office at Worldmark 1 in Aerocity complex near Terminal 3 ...Rediff.com, 1 month ago How can information technology help government deliver better? Business Standard, 1 month ago
The Stayzilla episode raises questions over the regulations around the closure of a business, says Sudipto Dey. Illustrations: Uttam Ghosh/Rediff.com Which laws govern closing down a start-up business? The applicable law will depend on the nature of the start-up. If incorporated as a company, it will be governed by the Companies Act, 2013. If set up as a limited liability partnership, it will be covered by the LLP Act, 2008. The definition of start-up, as provided by the ministry ...Rediff.com, 1 month ago
GST compliance will certainly push up cash flow requirement. Most experts feel GST rules have the potential to trigger legal dispute for taxpayers. With the implementation of the goods and services tax less than 75 days away -- assuming July 1 as the roll-out date -- Sudipto Dey provides a guide to how businesses can navigate the transition. Illustration: Uttam Ghosh/Rediff.com What should businesses keep in mind while generating invoice? Generating an invoice is perhaps the most critical ...Rediff.com, 3 days ago
The GST will also be applicable on the non-compete amount given by an employer to an outgoing employee, report Indivjal Dhasmana and Sudipto Dey. Government services such as issuing of passport, birth certificate and driving licence would attract the goods and services tax, according to a revised draft of the Central GST Bill, which was passed by the Lok Sabha on Wednesday. This is a departure from the draft bill introduced in November, which had included these services in Schedule IV, a ...Rediff.com, 1 month ago
While it was technically not possible to block the deal, the tax department could resort to arm-twisting. Image: A Vodafone store in central London. Photograph: Alessia Pierdomenico/Reuters. Vodafone Plc’s Rs 14,000-crore tax dispute with the government remains a key risk in the merger of its Indian subsidiary with Idea Cellular. The British telecom company had sought advice on how to deal with the retrospective tax in case it went ahead with the merger, tax experts said. “Apart ...Rediff.com, 1 month ago
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