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Economic Survey predicts 7-7.5% GDP growth in 2018-19

As a result of a series of major reforms undertaken over the past year, India’s real GDP growth will reach 6.75% this fiscal and will rise to 7-7.5% in 2018-19Read more

Lower taxes post GST rejig to benefit plastics industry

Welcoming the reduction in GST rates across the spectrum of products from 28% to 18%, the plastics industry feels the move will give a boost to the industryRead more

Copper industry received a major boost since GST

The Government of India has undertaken initiatives such as digitalization, Housing for All, Make in India, electrification of vehicles, renewable energy capacity target of 175 GW, etc. Read more

HGST, a Western Digital Brand, recognised in the magic quadrant for distributed file systems and object storage

HGST, a Western Digital Corp., with its ActiveScale object storage family of data center systems, has been recognised by Gartner, Inc. in its 2017 magic quadrant for distributed file systems and object storage.Read more

RISE to be the first education institute in India to launch GST course

According to reports and surveys by KPMG and FICCI, India shows shortage of skilled workers. In the skills gap report commissioned by National Skill Development Corporation, most of the sectors except agriculture will require more skilled workforce in the next seven years. To fill in this gap, Renaissance Group of Institutes has launched an online GST training and certification course.Read more

Fluid power market witnessing spur in demand

With demonetisation & GST effect waning and the spend on infrastructure increasing, the fluid power industry, especially the mobile hydraulics, is likely to witness remarkable expansion in the coming years.Read more

DeMo & GST have considerably slowed down the economy

Demonetisation and GST have adversely affected the demand for printing and packaging machinery industry. In this interaction, S Dayaker Reddy, President of Indian Printing, Packaging and Allied Machinery Manufacturers’ Association (IPAMA), and Director, Sai Enterprises, highlights the challenges of this industry and probable solutions.Read more

Demystifying GST for SMEs

The Goods and Services Tax has been implemented to revive the Indian taxation system. The GST Act was passed in the Lok Sabha on 29th March, 2017, and came into effect from 1st July, 2017. Since law-making and implementing is a process of continuous learning and improvement, it does lead to uncertainties at times and the same is also true for GST. To clear this dust of confusion to some extent with respect to SMEs , IPF conducted a roundtable conference on 30th August at Delhi.Read more

GST council to rank companies on tax payment track record

The Goods & Services Tax (GST) council is mulling to put together a system to rank businesses based on their tax payment records.Read more

GST will take battery recycling industry to organised domain

Rajat Agrawal, MD of the Jaipur-based Gravita India, one of the leading recyclers of non-ferrous metals in India offering eco-friendly lead battery recycling technology. Agrawal is first generation entrepreneur and has over 24 years of experience in the manufacturing sector. In this interview with IPF, he sheds light on the status of battery recycling industry in the country.Read more

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