Industry Insights

Since its introduction, GST Regime has seen quite some amendments in notifications, clarifications, circulars, and press releases. While the intention behind these is to ensure a smooth system of seamless credit and transparent transactions, it sometimes leads to complicated compliances in the short term due to the quantum and complexity of these updates. One such …

Shifting of GST compliances on e-Commerce operators: Practical challenges Read More »

Gold is very crucial to the Indian culture and the value system of the country. It is not only an investment means in India but an icon of status, wealth and key element of rituals. Even today, gold is the primary metal used for gifting, wearing and investing in India. This makes it the most popular of the entire gem and jewelry group.  Experts also believe …

Is GST killing the golden goose? Read More »

Background India is known for its diverse ecology, terrains and natural beauty coupled with its rich multi-cultural and historical heritage. All these factors together have made India one of the most sought-after tourism destinations. In 2019, the foreign tourist arrival in India was 10.93 million (source). In the same year, the foreign exchange earnings from …

Impact of GST and industry-specific issues related to tourism industry Read More »

India is among the top five retail destinations of the world and one of the fastest-growing too! The sector contributes about ten percent to the GDP of the country and about eight percent of the employment generated. Factors like a large consumer base, urbanization of the country, rise in disposable income attribute to the growth …

Impact of GST on the retail sector Read More »

The Indian hospitality sector has been witnessing a steady growth from the past few years and was contributing around 7.5% to the country’s GDP before the pandemic. According to WTTC, India ranked 10th among 185 countries in terms of travel & tourism’s total contribution to GDP in 2019. The rich culture and heritage of the …

Industry Insights On Hospitality sector Read More »