Wednesday, August 21, 2019

Parle may lay-off up to 10,000 employees over weakening demand, GST woes

Parle Products category head Mayank Shah said that weakening demand is because of increased GST on biscuits, which is only worsened by absence of adequate government stimulus. Parle Products, India’s largest biscuit maker may end up letting go of 8,000-10,000 employees, the company said on Tuesday. This development has been the aftermath of slowdown in […]

from GST India-Goods and Services Tax in India https://ift.tt/2P7eBN6

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