Intellect, Infibeam bag contract for government marketplace
Intellect and Infibeam, along with Tata Communications, have proposed to manage the government’s e-marketplace portal (GeM).

Intellect and Infibeam, along with Tata Communications, have proposed to manage the government’s e-marketplace portal (GeM).
"This will benefit small businesses since they don't have to deal with pressures of cash flow at a time when they are transitioning into a new tax regime," Amazon.in said in a statement.
All stakeholders are anxious for a smooth rollout of the GST. We list here the preparations going on at various levels for July 1 deadline.
Panasonic would also bring the distribution responsibility in-house, and pare down the market-share targets to about 5% in two years from initial projections running into two digits.
With the countdown underway, and the Government having more or less done its job, its India Inc. that now needs to keep its foot on the peddle.
India's ecommerce giants such as Amazon, Flipkart, Myntra and ShopClues have conveyed to the finance ministry and GST Council that they will have a tough time with compliances if they have to register in individual states.
Experts had raised concerns saying this would mean that a similar amount will have to be levied on inter-state movement of goods, taking the total TCS deduction to 2 per cent.
In what would have come as a relief to ecommerce marketplaces such as Amazon and Flipkart, the proposed tax collected at source (TCS) on them under the goods and services tax (GST) is to be capped at 1%.
While GST is surely going to bring about much required standardization in the commerce landscape; in line with the motto ‘one nation, one tax’, there are several aspects of GST that will change how businesses operate.
Popularly known as 'Chandra', the 54-year-old will be the first non-Parsi chairman of the 150-year old Tata Group.
Once the Finance Bill 2017 is passed, jewellery will be treated on par with general goods which attract 1 per cent TCS on cash purchase of above Rs 2 lakh.