SC nod to real estate sector to claim input tax credits on construction costsThe Supreme Court has allowed real estate companies to claim input tax credits (ITC) on construction costs for commercial buildings meant f...
03 Oct, 2024, 07.54 PM IST
NAREDCO seeks in budget Rs 50,000 crore more under SWAMIH for stalled housing projectsThe government recently informed Parliament that as of November 16, 2023, 342 proposals aggregating to Rs 37,554 crore have been approved u...
17 Dec, 2023, 10.05 PM IST
Commercial real estate developers urge govt to not levy 18% GSTInstead of outright purchase of land, developers are now looking to enter into a joint development agreement where both landowner and devel...
01 Apr, 2021, 08.58 PM IST
Union Budget 2021: SCAI asks government intervention for the retail sector recoveryThe Shopping Centres and organised modern retail sector has been a major contributor to the country’s GDP and employment generation.Being a...
28 Jan, 2021, 06.45 PM IST
Malls, shopping centres seek assistance from government, lenders to overcome corona crisisThe Shopping Centres Association of India (SCAI) has said that over the last two months, the organised retail industry has suffered losses ...
25 May, 2020, 07.11 AM IST
Offline phone retailers approach home ministry to restart shops“We recommend allowing all physical shops dealing on sales, repair and service activity of mobile phones, mobile devices (laptops and table...
17 Apr, 2020, 07.01 PM IST
Coronavirus impact: Phone retailers seek relief amid closuresThe list of relief measures includes a waiver on interest on loans for three months and on rentals during the lockdown period. The retailer...
31 Mar, 2020, 11.43 PM IST
Companies optimistic despite consumption slowdown: It’s not all turbulence for luxury goods marketThere are definite signs of a chill in sales this festive season, in line with the slowdown in consumption.
07 Oct, 2019, 09.54 PM IST
What retail start-up bosses want this Budget: Revised GST on apparel, shopping refund to foreignersThese bosses are batting for GST changes that will benefit not just the industry players but also consumers.
04 Jul, 2019, 06.21 PM IST
Shoppers Stop seeking more clarity on FDI guidelinesThe US firm has already opened six Amazon Experience Centres or kiosks, which showcase its exclusive products, within Shoppers Stop outlets.
28 Jan, 2019, 07.01 PM IST
Commercial rental income beyond Rs 20 lakh to attract GST, says Hasmukh AdhiaAdhia also said that if the house property is rent out for shop or office purpose, no Goods and Service Tax (GST) will be levied up to Rs 2...
11 Jul, 2017, 10.45 AM IST
GST may trigger consolidation in warehousing spaceThe government is setting up industrial corridors such as the Delhi-Mumbai, and freight corridors such as the western and eastern dedicated...
14 Oct, 2016, 11.35 AM IST
Bharti Walmart finds real estate costs a challenge for retail business forayBharti Walmart views limited availability of real estate space coupled with high real estate costs as one of the major challenges before it...
26 Sep, 2012, 06.43 PM IST
Budget 2012: Fiscal incentives required to boost retail sectorOne of the most awaited expectation from the Union Budget 2012-13 pertains to granting an industry status to the retail sector.
08 Mar, 2012, 03.50 PM IST
Budget 2012: Retail sector calls for industry statusIf organised retail is to grow at its own projected pace, the Union government needs to accord it an industry status first.
22 Feb, 2012, 07.07 PM IST
- Budget 2012: Top players call for retail to be given industry status
The sector also wants GST implementation, more investment in infrastructure.
21 Feb, 2012, 01.22 PM IST
- Retail needs FDI to reach its potential
To reach its potential, retail sector requires significant capital, technology to open it to FDI.
18 Jul, 2007, 03.46 AM IST