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Showing posts from April, 2017

Ola losing Ground to Uber

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There is a general perception that Foreign E-Commerce start-ups are disrupting and dislocating Indian Contemporaries on the power of money. But when you dwell deeply into the real fact, you will witness that this game is not just about money power. In fact it is the customer centric approach of these e-commerce giants which is actually making the difference. How the ridiculous concept of OlaShare is losing ground to Uber ? To know, read on…. Incident #1 I switched to Ola some 15 days back amidst the exorbitant increase in fares by Uber for long distances. By the way, who uses Cabs for short distance..!. One fine day, I booked an Ola Share @10.15 a.m. from Noida to visit Vasant Kunj for a meeting scheduled at 11.30 a.m. My experience with Uber developed  a conception that when you share a cab with other passengers, you share your ride with them on similar route. Unfortunately, I was wrong. Cab driver took 15 minutes to pick me up. The delay in my ride ...

GST Simplified Series # 2: Levy, Supply & Rates

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GST Simplified Series#2 We are back with next GST Simplified Series. If you have missed any of our previous write-ups you can discover them here GST Simplified . Series#2 explains aspects of Levy, Rates & Supply under GST. Update: CGST, IGST, UTGST Bills have been passed in Lok Sabha on 29.03.2017. Any reference of sections and provisions in this write-up relates to CGST Bill as passed in Lok Sabha. Levy under GST (Section 9) Every tax law has a charging section which provides for levy of tax on certain premise. Section 9 provides as under: ·          GST shall be levied on intra-state supply of goods or services or both ·          GST shall apply on value as determined as per law. ·          Rates to be notified, Maximum rate capped at 20% ·          Supplier shall collect and pay the t...