Tag Archives: considers

Finance Ministry considers steps to prevent composition dealers from charging GST from buyers

In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and service providers to declare their GST registration status in invoices to ensure that they do not charge any tax from buyers. The measure, once implemented, would check the widespread practice of composition dealers of charging GST from purchasers and not depositing it with ... Read More »

Fujitsu considers selling its PC business to Lenovo

Lenovo may be about to grow its share of the shrinking PC business again: Japanese IT conglomerate Fujitsu is considering selling its PC manufacturing business, and Lenovo may be the buyer, Fujitsu said Thursday. As part of a strategy to focus on core activities, in February Fujitsu spun out its PC business as an independent operating unit. Such spin-outs are ... Read More »