The logistics sector generates mass employment and is a key revenue earner for the government. In order to improve the competencies of the logistics sector, the Goods and Services Tax (GST) should be implemented without further delay, which could result in potential savings of around $200 billion and lead to streamlining of the taxation structure and reduce inventory maintenance costs.
Tag: GST
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Ashwin Vasista, Associate, Singhania and Co
The introduction of the Goods and Services Tax (GST) is in itself a path-breaking fiscal reform. Corporate tax and other indirect taxes may be revamped keeping in view GST requirement.
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Ayush Lohia, CEO, Lohia Auto Industries
At present, demonetisation has created an unfavourable environment for the auto industry on the whole. The auto industry is pinning hope on the upcoming Union Budget 2017 as it will uplift consumer sentiment and infuse a positive environment for the auto industry, including electric vehicles.
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Jayashree Kurup, Head of Content and Advisory, Magicbricks.com
Affordable housing being given infrastructure status is a welcome move and will help in the ´Housing for all´ by 2022 Mission - it is a big and positive move for developers, banks and housing finance companies.
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Pradeep Misra, Chairman and Managing Director, Rudrabhishek Enterprises Pvt Ltd
We have a lot of positive expectations from the upcoming Budget 2016-17. My thoughts are focussed on three major points - transparency on GST, encouraging the Real Estate Regulation Act (RERA), and REIT.
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Sandeep Upadhyay, Managing Director and CEO, Centrum Infrastructure Advisory Limited
Budget should focus on higher funds allocation to infrastructure and improving domestic macroeconomic fundamentals
The priority of the Budget should be to improve the macroeconomic fundamentals of the country and make efforts to meet the fiscal deficit targets of last year. The onus should be on productive utilisation of funds.
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Tushad Dubash, Director, Duville Estates
We look forward to the implementation of the Real Estate Regulatory Authority Bill (RERA) which will bring in more transparency and professionalism into the sector. It is a positive move for developers with an established corporate governance practice. RERA coupled with GST and demonetisation will create a strong framework within which this industry will function.
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PE inflows into real estate sector up 62percent to Rs.38,000 cr
Private equity inflows into the country´s real estate sector surged 62 per cent to Rs 38,000 crore, during 2016, largely helped by Parliament´s clearance of two significant legislations - the Real Estate (Regulation and Development) Bill and GST, says a report.
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Not all Disruptive Actions are Transformational
We do live in unusual times. Some of us may be inclined to call these disruptive times. Technologically speaking, we may be close to achieving disruptions in Internet of Things and Artificial Intelligence.
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PE inflows into real estate sector up 62percent to Rs 38,000 cr in 2016
Private equity inflows into the country’s real estate sector surged 62 per cent to Rs 38,000 crore, during 2016, largely helped by Parliament’s clearance of two significant legislations — the Real Estate (Regulation and Development) Bill and GST, says a report.