| In Focus |
The GST Impact
July 1, 2021, marked the fourth anniversary of the Goods and Services
Tax (GST) regime in India. GST was introduced to revolutionize
India’s tax system by replacing its indirect taxes with one single tax.
The idea behind implementing GST was that businessmen would not
have to worry about the number of taxes, consumers would not end
up paying much more for goods and services, and the government
would earn more revenue. Four years down the line, has GST had
the desired impact?…
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| Tool Talk
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‘Smart manufacturing is the future’
“The sooner you adopt it the better,” says Asim Tewari, a Professor in the Department of
Mechanical Engineering and a faculty member of the Center for Machine Intelligence and
Data Science (C-MInDS) at the Indian Institute of Technology - Bombay, Mumbai.
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| One Q, Many Views |
GST: The Game Changer
The Goods and Services Tax (GST), which came into effect on July 1, 2017, has been hailed as one
of the significant tax reforms in India. GST has combined a large number of Central and State
taxes into a single tax. Four years down the line, MSMEs talk about their tryst with the tax.
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| Case Study |
A safe landing – with measuring
technology from BLUM
As the world’s largest manufacturer of landing systems for airplanes, Safran Landing Systems
counts Airbus and Boeing among its customers. Blum-Novotest plays an important part in
ensuring that the passengers of hundreds of airliners equipped with Safran products reach
their destination safely day by day. With the roughness measuring system TC63-RG from BlumNovotest, the Canadian company was able to achieve higher levels of safety and quality in their
production process while at the same time greatly reducing production times.
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| Industry Updates |
- amace solutions Pvt. Ltd. launches metal additive manufacturing
machine, the ALM-400 metal 3D printer
- Component alignment at the touch of a button
- HASCO SET – The Standard Engineering Tool for mouldmaking
- Phillips Machine Tools creates affordable Additive Hybrid Solution
- Economy treads cautiously optimistic on pent-up demand: ASSOCHAM
- TKM signs MoU with ACMA for training auto components’ manufacturers
- Audi, Mercedes-Benz upbeat about electrification journey of PVs in India
- Fitch Ratings cuts India’s growth forecast to 10%, says rapid vaccination to
support revival
- Foxconn, Wistron, Dell and 16 other firms apply for PLI investments
- Tata Motors bags order of 15 hydrogen-based fuel cell buses from IOCL
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