In search for bet­ter lo­gis­tics

Cargo Talk - - Rail Logistics -

In­come Tax Ben­e­fit: Gov­ern­ment should al­low cer­tain ben­e­fits or re­lief to Freight For­ward­ing com­pa­nies which bring in for­eign cur­rency thereby re­duc­ing bal­ance of pay­ment. This may be given in the form of Re­bate from In­come Tax or al­low % re­duc­tion in to­tal tax li­a­bil­ity.

Fu­ture Risk to the In­dus­try: Keep­ing in mind the way Air­line In­dus­try has shaped up, where in there is no agent to bro­ker the deal be­tween cus­tomer and air­line or­ga­ni­za­tion, the Freight For­ward­ing also faces the same risk. If to­mor­row the shipping com­pa­nies in­dulge in di­rect con­tact with cus­tomer, Freight For­ward­ing com­pa­nies will have nowhere to go and it will even­tu­ally re­sult in fall of Freight For­ward in­dus­try. Fur­ther­more, the shipping in­dus­try will also face a rev­enue loss in the fu­ture

Gov­ern­ment must have uni­for­mity in the rules and poli­cies of dif­fer­ent states, then it will def­i­nitely be a lot much eas­ier for Freight For­ward­ing com­pa­nies to invest and flour­ish in the coun­try..

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