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Thursday
May 2018
12:02 AM IST
News Headlines
Anti-Sterlite protest: 11 killed in police firing in Thoothukudi        No charges for cancelling flight tickets within 24 hours of booking: Aviation Ministry proposal        Gowda says he is not opposed to Shivakumar being made minister        For the first time in 226, woman to lead the NYSE        Now, it's India vs Pakistan over Kishanganga project at World Bank        Afghanistan blast: 16 killed, 38 wounded in southern Kandahar province        SBI Q4 loss at Rs 7,718 crore as NPA provisions jump        Faf du Plessis shines as CSK beat SRH to enter seventh final        Emery set to succeed Wenger as Arsenal boss - reports        Venezuelan Prez Nicolas Maduro wins re-election        Plea In Supreme Court Seeks Review Of Verdict In Judge Loya Death Case        BJP now down to 272 Lok Sabha seats from 2014 tally of 282        Modalities of Government Formation in Karnataka Finalised, Says HD Kumaraswamy        PNB fraud: ED attaches Nirav Modi’s properties worth Rs 171 cr        CSK and SRH lock horns in Qualifier 1 for spot in IPL 2018 final        Belgium leave out Nainggolan for World Cup        Presence of Nipah virus confirmed in Kerala        Hirokazu Kore-eda's 'Shoplifters' wins Palme d'Or at Cannes        Cuba: 110 died in plane crash, 3 survivors 'critical'        Delhi knock Mumbai out with a thrilling 11-run win        
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Business News
Paytm, 1mg offer discounts ahead of GST
 
New Delhi, Jun 14 (PTI) Online retailers like Paytm are offering special discounts to consumers to ensure that their sellers' stock is cleared before the GST tax regime sets in from next month.

Paytm has a 'Pre-GST Sale' going on, hosting over 6,000 retailers across more than 500 brands. Consumers can get discounts and cashback on a range of product categories like TV, laptops, mobile phones, ACs, refrigerators, DSLRs and footwear, among other items.

"This sale has come at an opportune time for offline retailers who are looking to offload their entire inventory before the new tax rates become effective," Paytm said in an emailed response.

Even online drug marketplace, 1mg has joined the bandwagon.

"Due to GST, there may be shortage of medicines in July.

Stock medicines@20 per cent off on 1mg.com to avoid issues," read a communication sent to customers.

The landmark Goods and Services Tax (GST) reform kicks in from July 1.

All e-commerce companies have been engaging with the merchants on their platforms to ensure a smooth transition to the new taxation system.

ShopClues, which has about five lakh merchants on its platform, said it is organising seller summits in different cities, sending regular updates to merchants through mails and updating GST related information on its seller portal.

"Soon, we will organise weekly webinars where merchants can get their doubts clarified from our internal GST experts," it added.


SBI Q4 loss at Rs 7,718 crore as NPA provisions jump
PNB fraud: ED attaches Nirav Modi’s properties worth Rs 171 cr
Sohan Roy features in Top 100 Indian Business Owners by Forbes Middle East
NITI welcomes $16 bn Walmart-Flipkart deal
Bajaj Finserv offers repayment flexibility on home loan
Walmart to acquire 77% stake in Flipkart
Most Indian millennials ready to switch jobs for a pay rise: Report
Monetise Air India assets rather than selling stake: SJM to govt
With Fuel Prices Hitting the Roof, Govt Asks Oil Companies Not to Increase Rates: Report
PM Modi flags off Indian Railways' first high speed electric locomotive in Bihar
Axis Bank stock rises 4% after Shikha Sharma's tenure shortened
It's for RBI to decide on Chanda Kochhar's term at ICICI Bank: Finmin
Crisis-hit Deutsche Bank pushes out British CEO
Highlights of RBI monetary policy
Honda India Recalls Activa 125cc, Grazia and Aviator Scooters
Ratnagiri refinery: Pradhan says open to offer majority stake to Aramco
Telcos' pre-tax losses widen to Rs 38,153 cr in 2016-17
India to be ready with 5G roadmap by June: Tel Secy
Sensex, Nifty turn choppy on weak global cues
Facebook says sorry for data breach scandal in British newspaper ads
KERALA NEWS
Kerala among 13 states on thunderstorm alert
 (New Delhi, May 7, 2018): Thunderstorms accompanied by squall, hail and heavy rains are likel  
Kerala Karshaka Jadha Opens to a Great Beginning / Video
Malappuram press club attack: RSS workers nabbed
Workers injured in mudslide at construction site
INTERNATIONAL NEWS
For the first time in 226, woman to lead the NYSE
 (New York, May 22, 2018):The New York Stock Exchange for the first time in its 226-year histo
Now, it's India vs Pakistan over Kishanganga project at World Bank
Afghanistan blast: 16 killed, 38 wounded in southern Kandahar province
Venezuelan Prez Nicolas Maduro wins re-election
NATIONAL NEWS
No charges for cancelling flight tickets within 24 hours of booking: Aviation Ministry proposal
 (New Delhi, May 22, 2018):In a comforting piece of news for air passengers, the government on
Gowda says he is not opposed to Shivakumar being made minister
Plea In Supreme Court Seeks Review Of Verdict In Judge Loya Death Case
BJP now down to 272 Lok Sabha seats from 2014 tally of 282
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