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GST ON FOOD SUPPLEMENTS
Jefferies hikes Patanjali Foods’ target price to Rs 695. Here’s what the brokerage expectsJefferies has raised its target price for Patanjali Foods to Rs 695, maintaining a ‘buy’ rating. The brokerage expects the company to recov...
What are nutraceuticals and why are they gaining popularity in IndiaNutraceuticals in India are gaining popularity due to rising health awareness, an increase in lifestyle diseases, and a shift toward natura...
View: This Budget is the inflection pointEach of the preceding eight budgets revolved around a big idea - infrastructure, digital, entrepreneurship, tax reforms, national health, a...
Job creation, lower taxes, fiscal stimulus, fast-track reforms: Consumer companies' Budget demand“Government will have to work on course correction, fiscal and relief measures to boost discretionary spending and put more money in the ha...
Dabur India Q1 profit up 25% at Rs 330 croreIt had posted a net profit of Rs 264.86 crore in the April-June period of the last fiscal, Dabur India said in a BSE filing.
Ahead of China, India to remain fastest growing economy in FY19 & FY20: ADBGrowth in Asia and the Pacific's developing economies for 2018 and 2019 will remain solid as it continues apace across the region, despite ...
What to watch in Union Budget: Fiscal math, tweak in direct taxes and push for private capexDalal Street expects the government to have a minimum fiscal slippage.
View: Budget 2018 will be about maintaining balance between indirect tax rates and fiscal rectitudeAvailable data signals that GoI’s indirect tax revenues will undershoot last year’s budget estimates if one strips off IGST collections tha...
Stock pick of the week: Why analysts are bullish on Parag Milk FoodsStrong profit growth, demand shift towards the organised sector, newer products, rising demand, among other things, has made Parag analysts...
FMCG, auto products' sales pick up pace in rural India, outsmart citiesRural sales of FMCG products by both value and volume — the number of products sold — increased 13% during the quarter from a year earlier.
We’re exploring low-cost nutrition options as a priority: Amway presidentWith global sales of $8.8 billion in 2016, Amway, the world’s largest direct selling firm, makes Nutrilite protein supplements and Artistry...
Amway wants govt to reduce GST rate on food supplementsThe company also said it could have grown much faster in the country but for the lack of legislation for direct selling industry.
GST rate not fixed for food supplements yetLack from nutraceuticals’ categorisation under the GST could mean they are levied the top GST rate of 28%, up from 18-22% now.
How GST impacts FMCG firmsThe FMCG companies, whose tax incidence has come down under the GST regime, are likely to pass it on to the consumers in the form of lower ...
Congress election manifesto promises several steps to revive economy & achieve broader inclusive growthThe manifesto, released by party chief Sonia Gandhi on Wednesday, promises to restore growth to 8 per cent-plus over the next three years.
- Rains may rein in inflation: PM
Prime Minister Manmohan Singh has said that inflation in wholesale prices should come down to around 6% by December if monsoon remains norm...
- Policy failures prolong food inflation
Food price inflation originated in a supply shock, but four types of policy weaknesses have propagated and prolonged a relative price rise.