Impact of GST on FMCG Industry

The FMCG industry, anywhere in the world, has a direct association with everyday needs of end users. But in India the FMCG sector is also an industry that has a fairly long tail of a supply chain from raw materials,…

A to Z of GST Bill Explained

GST will be implemented on the 1st of July. But how much do you understand about it? One of the biggest challenges with GST currently lies with the lack of awareness; the lack of understanding about the technology that supports…

Vayana Network launches VICAS to make GST transition smoother

GST Implementation Challenges

The GST environment once implemented requires a monthly filing procedure to meet compliance and organizations have a timeline of a week to 10 days at the most to submit their invoices and manage reconciliation. And that is where the biggest…

World will Toe GST Invoice Matching, says Deloitte Chief

“India is the only country that is doing it (invoice-to-invoice matching). This is unique…People will have to comply or they will fall out of the GST chain,” Raistrick told ET in an interview. In an interview with the ET, David…

GST: A Race against Time

10 days before the roll out of GST, we spoke about the current state of the different industries and how some of the smaller organisations may find it a little harder to make the transition to the GST. Along with…

Bumpy ride awaits Goods and Services Tax pursuit

The Goods and Services Tax (GST) bill might have got the Parliament’s nod, but the overall ecosystem is nowhere close to adopting the new tax regime considering its likely implementation from July 1, 2017. In the Pune region, comprising Pune,…

RBI_IDRBT Payment System Innovation Contest

Payments and B2B flows continue to be a hotbed of activity in the FinTech space globally. Likewise in India, the regulators are closely watching this space to identify early solutions that will benefit the economy. To encourage innovations in India…