India’s new tax laws, a giant step forward for the trucking and logistics industry

Among all the well-known aspects of India, trucks and the Indian trucking industry has received recognition the world over. From the different colours to interesting designs, to captions, to stickers and catchy slogans, these trucks are a visual treat for drivers passing them by. The multiple tax overhauls in the country have significantly benefited the … Continue reading “India’s new tax laws, a giant step forward for the trucking and logistics industry”

5 ways to revive the Indian economy

The Indian economy, having to endure two fiscal overhauls in the form of demonetisation and the GST rollout, has hit a three-year downturn. The quarter ending September catalogues steeply decelerated growth at just 5.7%. Although popular votes are cast in the favour of a stimulus, however widening the fiscal deficit could further strain federal revenues … Continue reading “5 ways to revive the Indian economy”

3 ways GST will dramatically simplify logistics in India

India’s recent tax reforms introduced a transformative Goods and Services Tax. According to Deloitte, India will join 160 countries around the world that have instituted a nationwide value-added tax.   What is the GST? “Even if it retains a few flaws, the GST will be far simpler than the thicket of taxes, surcharges and cesses … Continue reading “3 ways GST will dramatically simplify logistics in India”