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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond

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India’s steel industry in 2026 is producing and consuming at record levels, yet prices remain near five-year lows. Falling steel prices benefit buyers but strain margins for producers, creating a complex market scenario. Let us explore why strong demand is not translating into higher prices and what it means for steel producers and buyers.

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Customer service in logistics ensures that your customers have a positive delivery experience. High rates of order fulfillment, speed and frequency of delivery, inventory visibility and on-time delivery are a few factors which determine the efficiency of customer service in logistics.

Logistics management is the process of managing all the logistics processes including order fulfillment, warehousing and transportation of goods. The key benefit of logistics management is that it can reduce logistics costs while ensuring fast delivery. It also enables businesses to stay efficient and drive revenue growth.

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GST has transformed India’s tax landscape by subsuming multiple indirect taxes, simplifying the taxation system, and contributing significantly to economic growth. After more than a decade of effort by the Government of India, GST now plays a pivotal role in the economy. Let's explore which taxes subsumed under GST, its objective, principles, pros, cons, impacts, and the taxes that could not be subsumed under GST.

Last updated on: Feb 20, 2025

The GST Amendment Act refines India’s Goods and Services Tax framework by addressing compliance challenges and evolving economic needs. Through key updates like ITC rules, e-invoicing, and composition schemes, it simplifies tax processes, curbs evasion, and promotes formalisation. Stay informed to navigate amendments and leverage their benefits effectively.

Last updated on: Jan 17, 2025

As per the latest GST Council recommendations, taxpayers must calculate interest only on net tax liability. With over 1.39 crore registered GST taxpayers in India, understanding Section 50 is vital to avoid penalties and maintain compliance. This guide delves into the section's key provisions, implications, and FAQs for businesses.

Last updated on: Nov 20, 2024

Table of contents: Understanding Lorry Receipt Key Features of Lorry Receipt Types of LR copies Meaning of Usage – Download a Format Role of IBA Benefits of IBA-approved LR copy Is LR is different from e-way bill? Conclusion A Lorry Receipt (LR) is a critical document in transportation and logistics, ensuring the smooth transfer of goods between consignor and consignee. This article provides a detailed guide on Lorry Receipt, its types, features, rules, and usage. By the end of this...

Last updated on: Jan 9, 2025
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