News
Anti-profiteering turns out to be weighty issue for FMCG companies
- Date:
- June 9, 2017
- Source:
- Economic Times
If you buy a soap or a bottle of shampoo this month, chances are it will weigh less than what it did about a month ago. The difference in weight could be there because of fast-moving consumer goods (FMCG) companies, fearing penalties in case their profits go up after the goods and services tax (GST) comes into force, are adopting innovative price/value strategies to insulate themselves. Under anti…