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.All these jobs involve routine work.Several automakers have to shifted some of their processes to automation and robotics. While Mr Trump focused on jobs shipped to China and India, he avoided speaking about job losses caused by modern technology.He said replacement of humans by machines has been a constant process.
Wider use of robotics and automation would result in lower revenue for the government as workers, whom robots or automation replace, would have paid income-tax, consumption tax and added to the size of the domestic market by their purchases.Some of those jobs include telemarketers, insurance underwriters, cargo and freight agents, photographic process workers and processing machine operators, brokerage clerks, packaging and filling machine operators and tenders, fitters, assembling staff, milling and planning machine setters, operators, and tenders, metal and plastic, credit analysts, accountants, telephone operators, real estate brokers, cashiers, farm labour contractors, paralegals and legal assistants.While the threat to IT jobs may not be immediate, you cannot consider your job Nylon Spandex Fabric wholesale safe as yet. Similarly, automation can write codes that software engineers do, putting their jobs at risk.A statement made by Infosys CEO Vishal Sikka sums it up: “We have to eliminate our own work to automation, improve productivity, deploy the improved productivity to innovation. With most countries under the World Trade Organisation, companies in the rich countries could swamp poor countries with their products, killing local industry and rendering their employees jobless. Instead of weaving fabric, people are now operating the machines.A study by Oxford University suggested that 100 professions or occupations are at risk of being eliminated by automation in the future.“We are on the cusp of a technological revolution.Blue collar jobs and simple office jobs are under greater threat, which could leave crores of people jobless.
Machines aided by artificial intelligence are all set to replace humans in several fields.”True to his words, several major IT companies have either trimmed their hiring or sacked employees. Instead of 10 people, what if we have three people to work on it? If we don’t have the software, then some others will take advantage.While all companies may not shift to automation immediately, exporters and companies, exposed to foreign competition in India would have to introduce automation and robotics to stay competitive in the global market. Right now, the courier partner of the e-commerce company delivers the purchase at the address.Slower job creation could affect political fortunes of the ruling parties in the country as it has done elsewhere.Low-skilled jobs, which involve following set processes and are repetitive, face the biggest threat. One of the reasons for the victory of Mr Donald Trump in the US Presidential elections was job losses caused by automation and robotics.
Though credit analysts require deeper analysis to take a decision on granting a loan to an applicant, algorithms can be trained to analyse data from sources like bank statements and credit reports to analyse creditworthiness The jobs which are unlikely to be replaced are the ones which require deeper analysis and creative work. There were protests in India when computers were introduced in the 1980s as typists and others feared that they would be replaced by smart machines.. This proposal, while it sounds good for high population countries like India, won’t please business owners and developed countries with low population growth.4 lakh people in the Indian IT sector would lose their jobs by 2021.These include doctors, dentists, nurses, biochemists, biophysicists, engineers, except those relating software, jobs related to religion, mental health, and psychology,  artists, architects, interior designers, directors, photographers, physical therapists, fashion designers,  teachers, scientists, creative writers, public relations practitioners, computer research scientists, computer systems analysts, first-line supervisors, mechanics, fund-raisers, social workers, sales agents, and recreation therapists.

As per the draft provision, GSTN would generate e-way bills that will be valid for 1-20 days, depending on distance to be travelled -- one day for 100 km, 3 days (100 to less than 300 km), 5 days (300-less than 500 km) and 10 days (500-less than 1,000 km). In a short while, we are going to finalise the entire mechanism as far as anti-profiteering is concerned," he had said in Parliament. After the July 1 rollout, the textile sector had protested, demanding rollback of 5 per cent GST on fabrics. All categories of fabric attract a 5 per cent rate.Currently, services by way of job works in relation to textile yarns -- other than man-made fibre/filament -- and textile fabrics attract 5 per cent GST."What if input tax benefit is not transferred to consumers? .Man-made fibre and yarn will, however, attract an 18 per cent tax rate.Officials said rules for the e-way bill will be decided tomorrow. Finance Minister Arun Jaitley."As the e-way bill process for the whole of India gets panned out, we should be able to do something which will be better," Sarna said. This GST provision requires any goods more than Rs 50,000 in value to be pre-registered online before it can be moved.As per the rates decided by the Council, in the textiles category, silk and jute fibre have been exempted, while cotton and natural fibre and all kinds of yarns will be levied a 5 per cent GST."About 25 states have removed those checkposts. This would further smoothen after e-way bill in GST that requires any goods more than Rs 50,000 in value to be pre-registered online before it can be moved is implemented.The information technology platform for the e-way bill system is being developed by the National Informatics Centre. Removal of checkposts by 25 out of 29 states has already smoothened movement of goods, says CBEC.. So far, it has been going all right," she told PTI here.
The official said the Council may look at streamlining it and bring all job works, including for making garments from fabric, under the 5 per cent slab.It will be the first full-fledged meeting of the GST Council, also comprising representatives of all the 29 states, after the rollout of the new indirect tax reform on July 1. Earlier this week, Finance Minister Arun Jaitley had said it would be mandatory for manufacturers to pass on benefits of reduction in taxes post GST to consumers.The Council, headed by Finance Minister Arun Jaitley, will also review at its meeting the implementation of the new Goods and Services Tax (GST) regime since July 1 and may finalise a mechanism to operationalise anti-profiteering provision to protect consumer interest. Apart from reviewing the rollout of the GST regime, the 19th meeting of the Council may tomorrow take a look at streamlining the anomalies raised by the industry over the past one month, said an official, who did not want to be named. Man-made apparel up to Rs 1,000 will attract a 5 per cent tax and those above Rs 1,000 will attract 12 per cent.The Council had on July 17 discussed, via video conferencing, hiking cess on cigarettes as there was some anomaly in the rate fixed earlier. The Council is also likely to tomorrow consider lowering of tax rates for job works for making garments to 5 per cent from 18 per cent, an official said.we are meeting a few days from now.China Wholesale Knitted Fabric New Delhi: The GST Council is likely to lower tax rate on Saturday on job works making fabric to garments to 5 per cent and put in place a mechanism for online registration of goods above a certain value before they can be transported.end st, gst council, gstn, e-way bills, job works, fabrics, garments, arun jaitley.

He hoped that the Council would also include garments, made-ups and other sewn products related to job work under five per cent GST rate of service tax.To buttress his point, he said that an independent weaving unit with around 50 looms and producing 100 per cent China CDP Spandex Fabric Suppliers viscose fabric would incur an additional cost of over Rs two lakh per annum with 18 per cent GST rate on yarn when compared to a composite unit.The Government could have classified the entire textile value chain under five per cent to avoid such problems or refund the accumulated input tax credit at every stage so that the cost is not increased, level playing field is created and ensure proper compliance.3 lakh per loom per year.ITF secretary Prabhu Dhamodharan in a statement urged the Council to fix MMF and blended yarns under 12 per cent rate.Meanwhile, some 400 members operating individual mills, under the banner of Indian Texpreneurs Federation (ITF), in a letter to the Centre, said MMF-based yarns were brought under 18 per cent, while MMF fabric brought under five per cent. end-of textile industry, man made fibres, yarn, goods and service tax, indirect tax, tax rate, sima Location: India, Tamil Nadu, Coimbatore.Even with 12 per cent GST rate on yarns, the additional cost would be Rs 1.
Even with 12 per cent GST rate on yarns, the additional cost would be Rs 1.The differential rates and non-refund of accumulated input tax credit would not only affect the industry, but also lead to wrong declaration and corruption, he said.There would be huge accumulation of excess credit with 18 per cent GST rate on yarn and only five per cent GST rate and non-refund of accumulated input tax credit at fabric stage, Southern India Mills' Association (SIMA) Chairman, M Senthilkumar said in a statement here.This would significantly increase the fabric cost and seriously affect the independent spinning and weaving sector, including powerlooms.3 lakh per loom per year, thus creating an unhealthy competition between composite and independent weaving units, he said.This would significantly increase the fabric cost and seriously affect the independent spinning and weaving sector, including powerlooms, he said.Coimbatore: The Textile industry in the region today expressed the hope that the June 18 GST council meeting would consider reducing the GST rate on Man Made Fibres, filaments and yarns from 18 per cent to 12 per cent.