Naa News

Brand Stories

Why your business needs to opt for Network-as-a-Service to scale up and grow?

NaaS or Network as a Service is an enterprise solution designed to unburden businesses from infrastructural and configuration woes. The objective is to enable end-to-end single point responsibility of planning, deploying and managing the network infrastructure & services with option of flexible subscription-based commercial model.

4 min read16 Sep 2020
News

Indian Railways' plan behind 'Super Anaconda' and 'Sesh Naag'

'Sesh Naag' also earned the distinction of being the longest railway train to run on the Indian Railways networkIndian Railways operated' Sesh Naag' from the Nagpur division to the Bilaspur division which travelled a total distance of 260 km

1 min read7 Jul 2020
Companies

Whirlpool refrigerator buyers didn't get GST rate cut benefit of Rs4 lakh: NAA

NAA asks Whirlpool to reduce the price of the productWhirlpool also told to deposit the profiteered amount, along with 18% interest, in consumer welfare fund

1 min read24 Jun 2020
News

Anti-profiteering body steps up GST compliance drive

About 40 orders may be issued shortly on complaints against firms across sectorsAuthorities intend to take more measures to reach out to consumers and sensitise them about their rights and remedies

1 min read14 Jan 2020
Companies

Difficult to pass on GST benefits on small packs: Nestle India Head

Last week, NAA said Nestle’s methodology of passing reduction in the tax was arbitraryOn December 12, the Maggi instant noodle maker was fined ₹73.15 crore by the NAA for failing to pass on the benefits of GST to consumers.

2 min read18 Dec 2019
News

Firms may get to raise prices after transferring GST cuts

Liberty to increase price as per the business cycle may come as a relief to companiesFirms are not sure how long they should keep a price after they reduce it to pass on benefits

3 min read5 Aug 2019
News

GST in India—the journey so far

The GST Council and CBIC have played an important role in handholding taxpayers/businesses for smooth transition to this new regime and in addressing their grievancesGST regime also provides for a NAA which ensures that the benefit of reduction in the rate of tax on goods or services or the benefit of the input tax credit is passed on to the customer

6 min read19 Apr 2019
Politics

Opinion: What’s behind spurt in anti-profiteering litigation under GST

The law doesn’t prescribe any methodology to determine the emergence of a benefit

3 min read5 Mar 2019
Politics

Brands must take a proactive approach to pass on GST benefits

Businesses can’t wait to exhaust old stock to cut prices when GST is reducedBased on complaints received, it is apparent that majority of the brands have not tended to revise MRPs on existing stocks

2 min read5 Mar 2019
Lounge

Araku Valley: Where the wild coffee grows

The green hills, microclimates and diverse terrain of Araku Valley offer the perfect conditions for growing coffeeStrict quality control is maintained through every stage of growing, harvesting and processing in order to create international-standard speciality coffee

23 Feb 2019
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles