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Digitally enabled retail could contribute $8 billion in incremental tax collections by 2030: Report

Online and offline retail could fetch $8 billion in incremental GST by 2030: Report
March 08, 2021
National Retail Trade Policy will create a conducive environment for retail: Niti Aayog
With rising convergence of traditional and online channels establishing a digitally-enabled ecosystem and accelerated adoption of digital platforms by consumers, the online + offline retail (O+O) is expected to accelerate the growth of retail.
According to a report released by Nasscom and Technopak, online + offline enabled sales are pegged to touch the $640 billion-mark by 2030 making digitally enabled retail’s contribution to the overall Indian retail market at 43.4 per cent. This will also mean that the O+O retail model may contribute nearly $8 billion in incremental GST collection, accounting for 37 per cent of the total Indian retail industry’s tax contribution by 2030. ....

Debjani Ghosh , Amitabh Kant , National Retail Trade , Niti Aayog , National Retail Trade Policy , Principal Place , Indian Retail , Nasscom Report , India Retail Sector , அமிதாப் காந்த் , தேசிய சில்லறை வர்த்தகம் , நீதி ஆயோக் , தேசிய சில்லறை வர்த்தகம் பாலிஸீ , ப்ரிந்ஸிபல் இடம் , இந்தியன் சில்லறை , இந்தியா சில்லறை துறை ,

Weekly Bytes | NASSCOM's 'AI Gamechangers' programme, Starlink orders open in India, and more

Weekly Bytes | NASSCOM’s ‘AI Gamechangers’ programme, Starlink orders open in India, and more
Updated:
Updated:
Here s our curated list of important tech news from this week in byte size.
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Here s our curated list of important tech news from this week in byte size.
(Subscribe to our Today s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.)
NASSCOM launches the AI Gamechangers programme
National Association of Software and Services Companies (NASSCOM) has launched the ‘AI Gamechangers’ programme, to promote artificial intelligence (AI) led innovation in India, with Microsoft as the ‘Innovation Partner’. The programme will serve as a platform for startups, enterprises, academia, governments, and NGOs to showcase their AI-based products and solutions. It will recognise innovators for their successful AI implementation at NASSCOM’s Xperience AI Summit. The entries will be judged o ....

Elon Musk , Debjani Ghosh , Services Companies , National Association Of Software , Spacex Starship , Pixel Camera , Kraken Sport Universal Smart Phone Housing , Smart Compose , Jack Dorsey Founded , Cash App , Webex App , Live Rooms , Olive Room , Ai Gamechangers , Ai Gamechangers Program , Ai Innovation In India , Ai In India , Spacex Opens Starlink Orders In India , Starlink In India , New Pixel Features , Pixel Devices , Square To Take Majority Stake In Jay Zs Music Platform , Cisco Webex App Will Add Real Time Translation To 100 Languages , Real Time Translation , Cisco Webex , Instagram Live Rooms ,

IT and ITeS companies to sponsor COVID-19 vaccines for over 50% employees and families

Capgemini made this announcement this week to its employees that it will cover the cost of coronavirus vaccines of all eligible employees and their dependents. ....

Sanjay Jalona , Pravin Rao , Sangeeta Gupta , Clt Group , National Association Of Software , Services Companies Nasscom , Public Private Partnership , National Association , Services Companies , Ashwin Yardi , Chief Operating Officer , L Ampt Infotech , L Amp T , பிராவின் ராவ் , சங்கீதா குப்தா , ல்ட் குழு , தேசிய சங்கம் ஆஃப் மென்பொருள் , பொது ப்ரைவேட் கூட்டு , தேசிய சங்கம் , சேவைகள் நிறுவனங்கள் , அஷ்வின் யார்டி , தலைமை இயங்குகிறது அதிகாரி , தடுப்பு மருந்துகள் , ல் அம்பட் இன்ஃபோடெக் , ல் ஆம்ப் டி ,

Karnataka set to launch engineering research and development policy

The policy, which looks to consolidate the states position as a global hub for engineering R&D, has been drafted by the Department of IT and Biotechnology and seeks to offer multinational companies the option of either setting up new ER&D units or expanding their existing facilities. ....

Cn Ashwath Narayan , Ramana Reddy , Ashwath Narayan , Indian Institute Of Science , Indian Institute , Research And Development , கின் அஸ்வத் நாராயண் , ரமணா சிவப்பு , அஸ்வத் நாராயண் , இந்தியன் நிறுவனம் ஆஃப் அறிவியல் , இந்தியன் நிறுவனம் , ஆராய்ச்சி மற்றும் வளர்ச்சி ,

NASSCOM launches campaign to accelerate AI-led innovation

NASSCOM launches campaign to accelerate AI-led innovation
ANI |
Updated: Mar 02, 2021 11:45 IST
New Delhi [India], March 2 (ANI): In an effort to promote artificial intelligence (AI)-led innovation in the country, the National Association of Software and Services Companies (NASSCOM) is launching a campaign called AI Gamechangers.
The programme seeks to recognise impactful and scalable AI-based innovation in the country with Microsoft as the innovation partner.
NASSCOM and Microsoft will work closely to develop and promote the AI Gamechangers programme built on a shared commitment towards accelerating the adoption of AI across key sectors.
The programme will recognise innovators for their successful AI implementation at NASSCOM s Xperience AI Summit, one of the largest AI Summits in India. ....

New Delhi , Anant Maheshwari , Debjani Ghosh , Services Companies , National Association Of Software , National Association , Microsoft India , Ai Gamechangers Programme , Ai Based Products And Solutions , Xperience Ai Summit , Cloud Led Data And Ai Innovation , புதியது டெல்ஹி , ஒரு எறும்பு மகேஸ்வரி , சேவைகள் நிறுவனங்கள் , தேசிய சங்கம் ஆஃப் மென்பொருள் , தேசிய சங்கம் , மைக்ரோசாஃப்ட் இந்தியா , ஐ விளையாட்டு பரிமாற்றிகள் ப்ரோக்ராம் , ஐ அடிப்படையிலானது ப்ராடக்ட்ஸ் மற்றும் தீர்வுகள் , க்ஷ்பெரிென்செ ஐ உச்சிமாநாடு , மேகம் வழிநடத்தியது தகவல்கள் மற்றும் ஐ கண்டுபிடிப்பு ,