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In December 2016, Moglix launched Green GST, a SaaS-based platform for manufacturing sector GST processes, [8] and became part of the SAP Startup Studio, an accelerator program by SAP Labs India. [9] In 2017, Moglix secured Series B funding from the International Finance Corporation and expanded operations to new cities, including Delhi and ...
Moglix launched in 2015 as an online store for tools and construction supplies, but now it’s venturing into enterprise software with the launch of GreenGST to help Indian manufacturers become ...
Rahul Garg is an Indian entrepreneur and the founder of Moglix, an ecommerce platform for industrial goods and equipment headquartered in Singapore. [1] Moglix operates in regions such as India, the USA, the UK, Mexico, UAE and Europe. [2] In 2021, Moglix was recognized as a unicorn company in India. [3]
He oversaw the introduction of the Goods and Services Tax (GST) which brought the country under one GST regime. On 20 June 2017, he reaffirmed that the roll-out of GST overseen by him as the finance minister was on track. [49] Out Leadership recommended Arun Jaitley as one of the experts and leaders who openly speak on LGBT+ issues. [50]
The Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and service. Both VAT and GST have the same taxation slabs. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
The list focuses on the main types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST and capital gains tax, but does not list wealth tax or inheritance tax. Personal income tax includes all applicable taxes, including all unvested social security contributions.
From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020.
B2B involves specific challenges at different stages. At their formation, organizations should be careful to rely on an appropriate combination of contractual and relational mechanisms. [4]