"operational streamlining"

#11446318

31 July 2024

A Vistara Airlines passenger airliner is crossing in front of a crescent moon en route to Kolkata, India, on July 15, 2024. The merger is combining Air India's extensive international network with Vistara's strong domestic presence, offering a unified brand that is enhancing operational efficiencies and reach. As part of the merger, Singapore Airlines is retaining a 25.1 percent stake in Air India. Vistara, the airline being integrated, is a joint venture between Singapore Airlines and the Tata Group. The merger is expected to streamline operations, expand route options, and improve customer experience while strengthening India's position in the global aviation market.

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#11446319

31 July 2024

A Vistara Airlines passenger airliner is crossing in front of a crescent moon en route to Kolkata, India, on July 15, 2024. The merger is combining Air India's extensive international network with Vistara's strong domestic presence, offering a unified brand that is enhancing operational efficiencies and reach. As part of the merger, Singapore Airlines is retaining a 25.1 percent stake in Air India. Vistara, the airline being integrated, is a joint venture between Singapore Airlines and the Tata Group. The merger is expected to streamline operations, expand route options, and improve customer experience while strengthening India's position in the global aviation market.

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#1996362

3 June 2017

The Residency tower in kolkata New Town on June 02,2017.With the announcement of the rates for taxation under the Goods and Services Tax (GST) for various goods, India is now one step closer to becoming a unified tax market. However, while the impact of GST on various sectors and goods is now known, industry experts are still divided over how GST will impact real estate going ahead as clarity on the tax slabs for services is still awaited. According to industry experts, prima facie it looks like that there will be a neutral impact from cost perspective. Although the work contracts will attract around 12% and most of the construction material is under the 18% and 28% slab, the availability of input tax credit should neutralize the overall impact. A lot, therefore, will depend on the proper implementation and a proper system of claiming tax credits. the Real Estate Development and Regulation Act (RERA) also under implementation, developers may need to focus much more on streamlining their processes. We may expect initial teething issues, but implementation of GST should further enhance India’s attraction as an investment destination by encouraging greater transparency and ease of operation in all property deals,” says Surabhi Arora, Senior Associate Director, Research, Colliers International India.

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#1996366

3 June 2017

The Residency tower in kolkata New Town on June 02,2017.With the announcement of the rates for taxation under the Goods and Services Tax (GST) for various goods, India is now one step closer to becoming a unified tax market. However, while the impact of GST on various sectors and goods is now known, industry experts are still divided over how GST will impact real estate going ahead as clarity on the tax slabs for services is still awaited. According to industry experts, prima facie it looks like that there will be a neutral impact from cost perspective. Although the work contracts will attract around 12% and most of the construction material is under the 18% and 28% slab, the availability of input tax credit should neutralize the overall impact. A lot, therefore, will depend on the proper implementation and a proper system of claiming tax credits. the Real Estate Development and Regulation Act (RERA) also under implementation, developers may need to focus much more on streamlining their processes. We may expect initial teething issues, but implementation of GST should further enhance India’s attraction as an investment destination by encouraging greater transparency and ease of operation in all property deals,” says Surabhi Arora, Senior Associate Director, Research, Colliers International India.

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#1996370

3 June 2017

The Residency tower in kolkata New Town on June 02,2017.With the announcement of the rates for taxation under the Goods and Services Tax (GST) for various goods, India is now one step closer to becoming a unified tax market. However, while the impact of GST on various sectors and goods is now known, industry experts are still divided over how GST will impact real estate going ahead as clarity on the tax slabs for services is still awaited. According to industry experts, prima facie it looks like that there will be a neutral impact from cost perspective. Although the work contracts will attract around 12% and most of the construction material is under the 18% and 28% slab, the availability of input tax credit should neutralize the overall impact. A lot, therefore, will depend on the proper implementation and a proper system of claiming tax credits. the Real Estate Development and Regulation Act (RERA) also under implementation, developers may need to focus much more on streamlining their processes. We may expect initial teething issues, but implementation of GST should further enhance India’s attraction as an investment destination by encouraging greater transparency and ease of operation in all property deals,” says Surabhi Arora, Senior Associate Director, Research, Colliers International India.

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#1996373

3 June 2017

The Residency tower in kolkata New Town on June 02,2017.With the announcement of the rates for taxation under the Goods and Services Tax (GST) for various goods, India is now one step closer to becoming a unified tax market. However, while the impact of GST on various sectors and goods is now known, industry experts are still divided over how GST will impact real estate going ahead as clarity on the tax slabs for services is still awaited. According to industry experts, prima facie it looks like that there will be a neutral impact from cost perspective. Although the work contracts will attract around 12% and most of the construction material is under the 18% and 28% slab, the availability of input tax credit should neutralize the overall impact. A lot, therefore, will depend on the proper implementation and a proper system of claiming tax credits. the Real Estate Development and Regulation Act (RERA) also under implementation, developers may need to focus much more on streamlining their processes. We may expect initial teething issues, but implementation of GST should further enhance India’s attraction as an investment destination by encouraging greater transparency and ease of operation in all property deals,” says Surabhi Arora, Senior Associate Director, Research, Colliers International India.

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#1996376

3 June 2017

The Residency tower in kolkata New Town on June 02,2017.With the announcement of the rates for taxation under the Goods and Services Tax (GST) for various goods, India is now one step closer to becoming a unified tax market. However, while the impact of GST on various sectors and goods is now known, industry experts are still divided over how GST will impact real estate going ahead as clarity on the tax slabs for services is still awaited. According to industry experts, prima facie it looks like that there will be a neutral impact from cost perspective. Although the work contracts will attract around 12% and most of the construction material is under the 18% and 28% slab, the availability of input tax credit should neutralize the overall impact. A lot, therefore, will depend on the proper implementation and a proper system of claiming tax credits. the Real Estate Development and Regulation Act (RERA) also under implementation, developers may need to focus much more on streamlining their processes. We may expect initial teething issues, but implementation of GST should further enhance India’s attraction as an investment destination by encouraging greater transparency and ease of operation in all property deals,” says Surabhi Arora, Senior Associate Director, Research, Colliers International India.

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