The Telangana government will not impose value added tax (VAT) on textile traders, commercial taxes minister Talasani Srinivas Yadav has said. Yadav was speaking on the occasion of Secunderabad Cloth Merchants’ Association ...
Tags: value added tax, textile
Sweden-based H&M Group’s sales including VAT increased by 15 per cent in local currencies in the first quarter, i.e. 1 December, 2014 to 28 February, 2015, compared to the corresponding quarter last year. Sales in the first ...
Tags: H&M Group, sales including VAT
Hitting the guilders labs ahead of the phone’s April 10 UK release date, the Galaxy S6 is being given the luxurious makeover courtesy of London-based customisation specialist Goldgenie. Joining its sibling in stepping into new ...
Mercedes-Benz has announced that the company’s Predictive Powertrain Control (PPC) can now be added to Actros, Antos and Arocs series of trucks. According to the automaker, the technology is designed to cut down fuel consumption by ...
Tags: Arocs Truck, PPC Technology, Mercedes-Benz
The Fladgate Partnership and US importer Kobrand Wine & Spirits have released Croft Quinta da Roêda 2012 and Taylor Fladgate Quinta de Vargellas 2012 Ports, each available nationwide. Single Quinta Vintage Ports Defined Single ...
Tags: chocolate cake, desserts, Agriculture
Net profits surged 17 per cent from a year ago period at Swedish apparel retailer H&M Group for the full fiscal year ended November 30, 2014. The Group’s profit after tax increased to SEK 19,976 million or corresponding to SEK 12.07 ...
Tags: apparel retailer, network expansion, Apparel
As the tax authority said, China's pilot program to replace business tax with value-added tax (VAT) reduced tax revenue by 191.8 billion yuan ($30.7 billion) in 2014, the tax authority said Wednesday. The country expanded the VAT reform to ...
Tags: VAT Reform, Tax
Small distillers from across the UK are supporting the 'Drop the Duty!' campaign, which calls for a reduced duty on alcohol in order to facilitate the growth of the industry. This campaign is run by Scotch Whisky Association (SWA) Wine and ...
Tags: Whisky, alcohol duty, Agriculture
China plans to levy a resources tax on coal based on sales value instead of production volume, as well as scrapping arbitrary levies on coal miners starting from December 1, taxation and fiscal authorities said over the weekend. ...
Tags: Resources Tax, Coal
Update: Apple has increased the price of apps and games for iPhone and iPad on the iOS App Store to 79p. The cheapest price you can now pay for an app or game on the iOS App Store is now 79p, up from the previous 69p. That cost ...
Tags: APP, Store, Consumer Electronics
The proposed Constitution Amendment Bill on Goods and Services Tax (GST), introduced by Finance Minister Arun Jaitley in Lok Sabha last month, is expected to smoothen business process (ease of doing business) for ecommerce companies by ...
Net sales lifted 16.74 per cent year on year in the fourth fiscal quarter ending November 30, 2014, at one of the biggest global apparel retailer and Sweden based, H&M Group. As per provisional figures, for the fourth quarter of 2014, H&M ...
Tags: apparel retailer, Apparel
The BOSS Federation will be holding a one day conference considering the ‘Future of the Office Products Industry’ on 14 January 2015 at the prestigious St Bride Foundation in London. The event is completely free to BOSS members ...
Tags: Office Products, Office Supplies
In the nine months to August 31, 2014 sales including VAT in local currencies at Swedish apparel retailer H&M surged 15 percent, year-on-year. Converted into SEK, sales excluding VAT amounted to SEK 108,775 million, up 18 percent from SEK ...
The China Association of Metalscrap Utilization has been lobbying the central government to lower the 17% tax on steel scrap sales to help increase its utilization in steelmaking, CAMU Secretary General Li Shubin said at the 7th China ...
Tags: Steel Scrap, Metal, Mineral