Aizat Rahim is Co-Founder for Dropee, a five-year-old B2B eCommerce solution provider that empowers small and medium enterprises (SMEs) to grow and operate more efficiently via digitalisation. To help SME businesses buy and sell more efficiently, Dropee’s simplified B2B wholesale platform offers easy discovery of the right products and wholesale suppliers. HAVE you heard of Dropee? Since its inception five years ago, the Malaysian-based business to business (B2B) wholesale platform and eCommerce solution provider has been empowering small and medium enterprises (SMEs) to operate more efficiently by increasing connectivity between businesses. Co-founder Aizat Rahim explains, “Simply put, Dropee connects retailers to wholesale sellers on our marketplace platform, helping retailers source products directly from qualified suppliers. “We started with drop-shipping in 2017 - where online stores sell products they don’t physically carry, with the supplier fulfilling the orders,” … [Read more...] about Revolutionising the wholesale industry with technology
Vub 2018 industrial value chain a bridge towards a carbon neutral europe
Towards a single low tax regime
In December 2018, the late Finance Minister, Arun Jaitley, announced that the 28% GST slab, which he called the “dying slab”, would be phased out, except for luxury items. India, he said, would eventually have just two slabs: 5% and a standard rate between 12% and 18% (apart from exempt items). Tragically, he passed away less than a year before fulfilling his assurances. Simplicity is not easy to achieve. Great sages, artists and designers have preached simplicity. It was the mantra of Henry David Thoreau, who influenced Mahatma Gandhi. Also Read Explained | Will India’s Goods and Services Tax rates be restructured this year? The introduction of a uniform GST was a watershed moment in India since the country’s earlier regime of taxes and cesses, both at the Centre and the States, was a big barrier to free trade and economic growth and was a cesspool of corruption. Complex and confusing However, GST is still a complicated tax regime with different slabs. It is … [Read more...] about Towards a single low tax regime
Emerging Filmmakers Bring Genre Twists to Transilvania Co-Production Forum
Click here to read the full article. Ten projects by first- and second-time directors searching for European partners took the stage this week during the Transilvania Pitch Stop, one of the leading co-production and co-financing platforms for filmmakers from Eastern Europe, the Balkans and the wider Black Sea region. The forum’s ninth edition reflects a generation of up-and-coming filmmakers looking to find their voice through deeply personal storytelling, according to Dumitrana Lupu, who recently took over as the Transilvania Film Festival ’s head of industry. “People are really writing about their personal experiences,” she tells Variety . More from Variety Patra Spanou Film Acquires Paul Negoescu's Study of Modern Masculinity 'Men of Deeds' (EXCLUSIVE) Ukrainian Filmmakers 'Distraught' By Russian Presence in Transilvania Film Festival Competition Transilvania Festival Returns to Its 'True Spirit' With Provocative Selection: 'We Decided to Go Back to Our … [Read more...] about Emerging Filmmakers Bring Genre Twists to Transilvania Co-Production Forum
In a Relief for Courier, E-commerce Companies, Govt Eases Norms For e-way Bill Generation
New Delhi : The government has changed e-way bill rules which are expected to help e-commerce companies in smooth transportation of goods and ease the method of calculating the value of goods. The government has notified changes in rules of e-way bill which includes permitting even job workers to generate the electronic receipt for movement of goods. Electronic way or e-way bill will be required from April 1 for transporting goods valued over Rs 50,000 between states. In a major relief to FMCG companies, the government has allowed businesses to consider only the value of taxable supply for the purpose of generating e-way bill in cases where sales invoice includes both exempted and taxable supply of goods. This would mean that if food products which are subject to GST are being sent along with items which are exempt from the tax, say milk, then only the value of food products shall be considered for e-way bill?. Besides, to help smaller businesses operate within a particular … [Read more...] about In a Relief for Courier, E-commerce Companies, Govt Eases Norms For e-way Bill Generation
Open network for digital commerce
The story so far: The government of India announced the launch of the pilot phase of open network for digital commerce (ONDC) in five cities in late April with an aim to “democratise” the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — Amazon and Walmart. The announcement was made by Commerce and Industry Minister Piyush Goyal. “After UPI, another game changing idea to democratise commerce — ONDC soft launch today to select consumers, sellers and logistics providers. Get ready for a world of choice, convenience and transparency,” Mr Goyal had tweeted. What is ONDC? As per the strategy paper on ONDC, it is a not-for-profit organisation that will offer a network to enable local digital commerce stores across industries to be discovered and engaged by any network-enabled applications. It is neither an aggregator application nor a hosting platform, and all existing digital commerce applications and platforms can … [Read more...] about Open network for digital commerce
GMR Partners With Airbus For Aircraft Maintenance and Aviation Service in India
Aviation infrastructure developer GMR Group will collaborate with aerospace major Airbus for aircraft maintenance and aviation services. The two companies signed a Memorandum of Understanding (MoU) to explore collaboration opportunities across aviation services, technologies and innovation. The MoU, signed at Aero India 2021, Bengaluru, envisages collaboration in innovating solutions for airport operations and cargo supply chain management, among others. “GMR Group and Airbus will team up to explore potential synergies in several strategic areas of aviation services including maintenance, components, training, digital and airport services,” a joint statement said. “As part of the MoU, GMR Group and Airbus will collaborate to explore a broad scope of aviation services like maintenance, components, training, digital and airport services both for commercial and military aircraft to benefit the entire aerospace ecosystem in the country.” Airbus recently announced that it will … [Read more...] about GMR Partners With Airbus For Aircraft Maintenance and Aviation Service in India