sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« General »
 The Central Board of Direct Taxes unveiled new Income Tax Return forms for assessment year 2018-19 on 5 April. Although the manner of filing returns remains the same as compared to last year, certain changes have been incorporated in the new ITR forms.
 Income Tax efiling: Must-do steps to file your IT return for FY 2017-18 on time till you get Form 16
 What are the tax filing deadlines for financial year 2017-18?
 How income tax department can penalise you for under-reporting, misreporting income
 Start your tax planning right now
 Government confident of meeting fiscal deficit, tax revenue targets
 Clarification with respect to the E-way Bill System
 Here is how you can save on taxes
 Here’s all you should know about filing Income Tax Return before March 31
 Tax benefits continue to accrue even after PPF a/c is transferred to another bank
 When you may have to visit income tax department’s compliance portal

PwC: Indian retail sector to grow to about $900 bn by 2014
February, 04th 2011

With rising disposable incomes, expansion of stores and supporting economic factors, India's retail sector is expected to grow to about $ 900 billion by 2014, according to a report by global consultancy and research firm PricewaterhouseCoopers .

The report titled -- Strong and Steady 2011 -- which provides an outlook for the retail and consumer products in Asia suggests that retail sales in India, currently estimated at about $500 bn.

While the report did not specify the value growth, it said in terms of volumes, retail sales in India would grow at an average of four per cent between 2010 and 2014.

"In India, Asia's third-largest retail market after China and Japan, high inflation in 2010 is expected to keep retail sales growth under two per cent, but annual growth will increase at an average rate of over four per cent in 2010- 2014," the report said.

According to the report, while retail sales in China will cross the USD 4,500 billion mark by 2014, India's will be around USD 900 billion.

It cited rising incomes, increase in urbanisation and a variety of new stores, including international brands opening their outlets in India, as the growth drivers.

The report, however, said "expansion in the attractive Indian market will remain constrained by restrictions on foreign investment."

In India modern retail accounts for only 5 per cent of the total retail sales compared to 65 per cent in the US, 55 per cent in Malaysia and 10 per cent in China.

The report said in Asia as a region retail sales are expected to grow to more than $ 8.5 trillion in 2014 from USD 5.4 trillion in 2010.

Multinational retailers such as Wal-Mart, Tesco, and Metro will continue to expand their operations in Asia as modern retail outlets continue to rise in popularity.

Demand in food, beverage and tobacco sector in Asia is expected to grow moderately at 3.4 per cent during 2010-2014, in value, sales of food are expected to almost double from $2.7 trillion in 2010 to USD 4.6 trillion in 2014.

"Demand growth will be strongest in China, where it is predicted to average 5.7 per cent in the forecast period. India will see 3.2 per cent average annual demand growth," the report said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Enterprise Resource Planning Solutions ERP Solutions Enterprise Resource Planning Software Solutions ERP Software Solutions Supply Chain Management Solutions SCM Solutions Supply Chain Management Software Solutions SCM Software Solutions Enterprise Resource Planning Solutions India ERP Solutions India Enterprise Resource Planning Software Solutions India ERP Software Solutions India Supply Chain Management Solutions India SCM Solutions India Supply Chain Management Software Solutions India SCM Software Solutions India

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions