moneycontrol.com 2018-12-06 23:32:00
The Confederation of All India Traders (CAIT) said it has urged finance minister Arun Jaitley to extend the last date for filing annual goods and services tax (GST) return from December 31, 2018 to March 31,2019. In its communication to the finance minister, CAIT said that the format of filing of annual GST return is not available anywhere including the GST website. In fact, the option itself is not available. "Under such circumstances it will not be possible for the traders to file their annual GST return by the stipulated period and as an immediate measure, the CAIT has urged to extend the last date of filing annual GST return up to March 31 2019 for the period 2017-18," it said. CAIT also urged that format should be made available in regional languages. It noted that the concept is till unclear to a large number of traders and most are not even aware of the obligation of filing annual GST return. Moreover, they are unaware that annual return is the last opportunity for assessees to rectify their previously filed return with the department for the concerned year.
thehindu.com 2018-12-06 19:51:00
December 07, 2018 01:21 07, 2018 01:21 IST more-in Golden Rock Railway Workshop in Tiruchi ties up with cement factory for disposal of polymeric waste The Southern Railway Workshop, Golden Rock, has adopted a scientific method to dispose tonnes of zero-value non-hazardous polymeric waste accumulated over the years on its sprawling campus in Tiruchi. The 85-year-old workshop entered into an agreement with UltraTech Cement Limited at Ariyalur district last year, paving the way for the safe disposal of non-hazardous waste to the cement unit for use in its kilns as an alternative fuel in what is being seen as a "win-win situation" for both. Huge relief The decision has come as a huge relief to the workshop which, until last year, virtually had no clue as to how to dispose the non-hazardous waste that kept piling over the last two decades, posing a huge environmental and safety hazard. Engaged in POH (periodic overhaul) of 1,200 broad gauge passenger coaches and 120 broad gauge diesel locomotives, the British-built workshop has also become a manufacturing unit, rolling out new container wagons for the Railways and the Container Corporation of India. It produces steam locomotives for the heritage Nilgiri Mountain Railway (NMR) and also overhauls them. Piling materials While ferrous and non-ferrous waste generated in the workshop, spread over 200 acres, were being sold through auction every year, it was the piled up zero-value non-hazardous waste in the form of cushions, artificial leather, seat covers, rubber belts and other rubber products that posed a fire as well as an environmental hazard, said chief workshop manager P.N. Jha. A solution finally emerged last year when the workshop came to know that non-hazardous waste could be disposed of scientifically by way of "co-processing" at cement plants. Negotiations with UltraTech Cement fructified, leading to an agreement between the two to dispose of 5,000 metric tonnes of accumulated zero-value non-hazardous waste, said Mr. Jha. Since January, when the first load of waste was dispatched to the cement unit, around 1,500 metric tonnes of accumulated waste has so far been safely transported to the unit, Mr. Jha said. The remaining accumulated waste would be sent in the coming months. The cement unit utilises the waste after shredding as an alternative fuel in its kilns. The waste in the kilns is burnt at a very high temperature of nearly 1,400 centigrade, which would leave behind no residue, he said. TNPCB nod The workshop has also obtained the clearance from the Tamil Nadu Pollution Control Board for the disposal mechanism. The cement factory for its part had received clearance from the Central Pollution Control Board for co-processing, the official said. With nearly 25% to 30% of accumulated waste being cleared so far, the workshop has been successful in reclaiming nearly 50,000 sq. ft. area where it has currently embarked on a green drive, planting saplings of various species.
moneycontrol.com 2018-12-06 19:18:00
Anand Rathi Securities As expected, the RBI maintained status quo on key policy rates at its December 2018 monetary policy meet. It also announced a calibrated 150bp cut in the SLR. The tone of the policy was largely dovish. While the "calibrated tightening" stance of the interest rate policy continues, the RBI remains accommodative regarding liquidity. We expect it to keep rates unchanged in FY19. The backdrop The overwhelming weight of events since the last monetary policy meeting seems to have prompted RBI to maintain status quo on rates for the second successive time. Retail inflation is well below its projected target. The sharp slump in global crude oil prices also minimises the risk of a fuel-price-led spike in inflation. The strengthening of the rupee eases the risk of imported inflation as well. While there are doubts about whether the US Federal Reserve Chairman has actually communicated a dovish stance, the consensus is that tightening in the US will be far more contained than what was expected a few months ago. On the top of this, the real growth rate in the quarter ending September 2018 has been more than a percentage point lower than that in the quarter before. Therefore, it was not a surprise that the RBI held the policy rates at its December monetary policy meeting. RBI forecloses the option of a rate cut As an explicitly inflation-targeting central bank, the clear mandate of the monetary policy is to take necessary measures to keep inflation around 4 percent. Moreover, the RBI is obliged to target retail and not any other form or component of inflation. With the current retail inflation is substantially lower than this target and the RBI's own projection of a further fall in the inflation during the rest of FY19, it is pertinent to question whether the central bank could explore a rate cut in a period when the real interest rate is at a historic high. Unfortunately the RBI has foreclosed this option. While moving from a 'neutral' to a 'calibrated tightening' stance at the last policy meet, the bank explained that the transition means that the 'rate cut' option is off the table. Interestingly, the 'calibrated tightening' phrase, on to its own admission, pertains only to the policy rate and not the liquidity. The latter turned accommodative post-August 2018 on the backdrop of upheavals in the corporate debt market and among the NBFCs. NBFCs may continue to need support; SLR cut negative for bonds The RBI has taken numerous general and NBFC-specific measures to ease the liquidity situation for NBFCs. The outcome has so far been on desired lines. Yet, problems faced by NBFCs would require considerable recasting of balance sheets and would be a long-drawn process. It is to be seen the extent to which the RBI aids this process. The phased statutory liquidity ratio (SLR) cut announced on December 5 would help the banking system with a seriously stretched credit-deposit ratio. This is also in line with the RBI's long-term objective to reduce pre-emption of banks' resources by the government without undermining the quality of banks' balance sheets. Yet, the process would potentially reduce bank holdings of the government by Rs 2 trillion by mid-2020 and may therefore be negative for the bond market. Outlook The RBI is likely to keep the policy interest rate unchanged for the current financial year. We feel that its change in policy stance from accommodative to neutral was ahead of the curve as also the move from neutral to calibrated tightening. As a data-dependent explicitly inflation-targeting central bank, the RBI should not procrastinate on reverting to the easing stance if inflation continues to hold below the target. The author is Chief Economist at Anand Rathi Securities.
thehindu.com 2018-12-06 17:10:00
December 06, 2018 22:22 22:40 IST more-in Format unavailable, say traders The Confederation of All India Traders (CAIT) has written to Finance Minister Arun Jaitley asking him to push the deadline for filing of annual GST returns to March 31, 2019 from December 31, 2018, now. "It is to bring to your kind notice that till today the format of filing of annual GST Return and even option is not available anywhere including on GST website as well," CAIT wrote in the letter. "The annual GST return assumes much significance as it gives last opportunity to assessees to rectify their previous return filed with the department for the concerned year." "Under such circumstances it will not be possible for the traders to file their annual GST return by the stipulated period and as such, we request your good self to extend the last date of filing annual GST return up to 31 March, 2019 for the period 2017-18," CAIT said. CAIT further said that a large number of traders in the country were not even aware that they had to file an annual return. "While urging for extension of last date, we also request that a widespread national campaign should be launched by the government to make assesses aware about the liability of filing annual GST return and its process," CAIT added.
thehindubusinessline.com 2018-12-06 16:03:00
PTI T+ T- Mumbai, December 6 The Confederation of All India Traders (CAIT) on Thursday said it has urged Finance Minister Arun Jaitley to extend the last date for filing the annual goods and services tax (GST) return from December 31, 2018 to March 31,2019. In its communication to the Finance Minister, CAIT said the format of filing of annual GST return is not available anywhere including the GST Website. "Under such circumstances it will not be possible for the traders to file their annual GST return by the stipulated period and as an immediate measure, the CAIT has urged to extend the last date of filing annual GST return up to March 31 2019 for the period 2017-18," it said. Published on
thehindubusinessline.com 2018-12-06 15:52:00
UP announces procedure for SGST relief to multiplexes T+ T- New Delhi, December 6 Shishir Sinha Multiplexes such as PVR, INOX and GGN can heave a sigh of relief as the Uttar Pradesh Government has announced detailed procedures for refund mechanism under Goods and Services Tax (GST) for multiplexes in the State. It is the second State after Rajasthan to announce such a mechanism. There are over 8,700 screens (both multiplexes and single screen) in India, out of which nearly 500 are in Uttar Pradesh alone. The basic principle of GST does not promote exemption, but prescribes for deposit of taxes due. However, both the Centre and States can prescribe refund mechanism in lieu of exemption to continue promoting industrial activities in their respective region. Accordingly, beneficiaries will first have to deposit the tax and then they will be given refund. The UP Government, in its Cabinet meeting on November 20, decided to have such a mechanism for the multiplexes/cinema theatre and has come out with details about "the limits and procedures of grant-in-aid given as an incentive to multiplexes/cinema theatres after the GST regime." This will be applicable to both running and under-construction entities. The need for such a policy arose after the entertainment tax was subsumed in the GST. Prior to introduction of GST, the State Government offered incentive in the form of five-year tax exemption to multiplexes. As part of the scheme of exemption, multiplex companies were allowed to retain 100 per cent of the entertainment tax charged in the first year, 75 per cent in the second and third years, and 50 per cent charged in fourth and fifth year of operations, respectively. There was question mark on continuation of such incentive post GST which forced many multiplexes to seek legal recourse for the continuation of the scheme. The Yogi Government then came out with the detailed procedure. Abhishek A Rastogi, partner at Khaitan & Co, who is the arguing counsel for various petitioners, termed this a big step forward towards the promises made to businesses and said that UP has lived up to the expectations. "It is to be seen whether the Central Government also offers similar benefit. However, the quantum of benefit granted is not the same as that promised in the past and hence the dispute to that extent may remain before the courts in case of few multiplexes. The State may consider extension of time to meet the deficit," he said. How reimbursement works According to circular dated December 3, the licence holders for the multiplexes/cinema theatres need to deposit the SGST (State Goods and Services Tax) collected from the viewers in State treasury. Within a month, by the pre-determined procedure and as per the allocated budgeted, the equivalent amount of the SGST collected from the viewers will be transferred in the account of the concerned multiplexes/cinema theatres. For all such units covered under incentives schemes before the application of GST regime and have incentive in the form of grants-in-aid, the amount of SGST deposited by them will be reimbursed as permissible on annual percentage basis. Various multiplex have different dates for the beginning of such incentives which will continue for five years. A senior State Government official said under the new mechanism, effort is to ensure commitment for the period as promised during the pre- GST regime. Earlier, the Rajasthan Government, in its new policy, decided to refund 50 per cent of the State GST collected on tickets to multiplex owners, who were promised exemptions. Published on
thehindubusinessline.com 2018-12-06 13:14:00
It has over 150 hospitals and around 17,000 beds for patients across the country New Delhi, Dec 6 The Employees' State Insurance Corporation (ESIC) has allowed public other than its subscribers to avail medical services at its under-utilised hospitals. The decision was taken during the ESIC's 176th meeting held on December 5 under the chairmanship of Labour Minister Santosh Kumar Gangwar, a labour ministry statement said. The decision will immensely help common people avail quality medical care at low cost and ensure full utilisation of ESIC hospital resources, it added. In the meeting, it was decided to allow non-insured persons to avail medical services at under-utilised ESIC Hospitals after levying user charges at a subsidised rate of Rs 10 for outpatient department (OPD) consultation and at 25 per cent of Central Government Health Services' package rates for in-patients, the statement said. Also, the ESIC will provide medicines on actual rate initially for one year on a pilot basis. The ESIC has over 150 hospitals and around 17,000 beds for patients across the country. Recruitment It has also approved hiring of full-time contractual staff in various departments to meet the shortage of specialist/super-specialist doctors in some of its hospitals. The recruitment to 5,200 posts such as social security officer, insurance medical officer Grade-II, junior engineers, teaching faculty, paramedical & nursing cadre, upper division clerks and stenographers, among others, in the ESIC is under process, it said. Exemption limit enhancement In a major move, the labour ministry has decided to enhance the exemption limit for payment of employees' share of contribution from Rs 137 to Rs 176. This comes in the wake of rise in the national floor-level minimum wages to Rs 176. Among the officials present at the meeting were Labour and Employment Secretary Heeralal Samariya, ESIC Director General Raj Kumar and senior officers of the ministry. Published on
btvi.in 2018-12-06 12:25:00
ESIC allows people other than subscribers to avail OPD services at its hospitals ESIC allows people other than subscribers to avail OPD services at its hospitals File photo: Logo of ESIC is seen in this illustration photo. Dec 06 2018 1 hrs ago New Delhi: The Employees' State Insurance Corporation (ESIC) has allowed public other than its subscribers to avail medical services at its under-utilised hospitals. The decision was taken during the ESIC's 176th meeting held on December 5 under the chairmanship of Labour Minister Santosh Kumar Gangwar, a labour ministry statement said. The decision will immensely help common people avail quality medical care at low cost and ensure full utilisation of ESIC hospital resources, it added. In the meeting, it was decided to allow non-insured persons to avail medical services at under-utilised ESIC Hospitals after levying user charges at a subsidised rate of Rs 10 for outpatient department (OPD) consultation and at 25 per cent of Central Government Health Services' package rates for in-patients, the statement said. Also, the ESIC will provide medicines on actual rate initially for one year on a pilot basis. The ESIC has over 150 hospitals and around 17,000 beds for patients across the country. It has also approved hiring of full-time contractual staff in various departments to meet the shortage of specialist/super-specialist doctors in some of its hospitals. The recruitment to 5,200 posts such as social security officer, insurance medical officer Grade-II, junior engineers, teaching faculty, paramedical & nursing cadre, upper division clerks and stenographers, among others, in the ESIC is under process, it said. In a major move, the labour ministry has decided to enhance the exemption limit for payment of employees' share of contribution from Rs 137 to Rs 176. This comes in the wake of rise in the national floor-level minimum wages to Rs 176. Among the officials present at the meeting were Labour and Employment Secretary Heeralal Samariya, ESIC Director General Raj Kumar and senior officers of the ministry.
findmarketresearch.org 2018-12-06 10:14:00
Persistence Market Research (PMR) has published a new report on the industrial fat fraction market titled "Industrial Fat Fraction Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025." The rising consumption of dairy products is fueled by the nutritional benefits associated with the consumption of these products. As per the Food and Agriculture Organization (FAO), approximately 150 million households are engaged in milk consumption at a global level. Particularly, small-scale producers in developing countries are increasing their per capita milk production, owing to the rising demand for the product. The Codex Standard for dairy permeate is the core body defining the amount of fat in butter and butter specific products. In order to adhere to these standards, the companies operating in the market are focusing on different strategies pertaining to production expansion, new product introduction and mergers and acquisitions for acquiring the latest technology. For instance, in 2016, Arla Food Ingredients Group opened a new factory in Nr Vium, Denmark, dedicated to protein hydrolysates, and invested around US$ 42.5 Mn on this facility, which can produce 4,000 MT of high quality whey and casein hydrolysates in a year for use in infant, medical, and sports products. In June 2017, the company launched a new protein - Nutrilac® PB-8420, a whey protein that guarantees protein bars retain an indulgent cohesive texture for a year, as textural deterioration of high protein functional bars has been a concern over the past few years, thus catering to the demand from the fortified food sector. The other companies operating in the market are Corman SA, Murray Goulburn Co-Operative Co. Limited, Flechard SA, Ornua Co-operative Limited, Groupe Lactalis S.A., and Koninklijke FrieslandCampina N.V., among others. According to the report, the global market for industrial fat fraction is expected to witness a CAGR of 2.7% from 2017 to 2025. The market was worth US$ 10, 596.5 Mn in 2017 and is expected to touch a valuation of US$ 13,139.8 Mn by the end of 2025. Revival of Homemade Food Culture to Increase Market Penetration There has been a sudden revitalization of homemade breakfasts and lunches, owing to the constant desire of consumers to save money by making their own lunches and having breakfast at their homes instead of picking up meals on-the-go. This trend is anticipated to drive market revenue growth as breakfast and lunch are the key occasions for the usage of dairy based spreads. Furthermore, obtainability of numerous flavors of dairy based spreads with different fat content and being spreadable in nature even when refrigerated, thus facilitating ease of use, is also expected to drive the market growth in the near future. In addition, there has been a resurgence of home baking attributed to various cooking shows, which has made cooking more accessible and is influencing consumers to cook at home, in return increasing the demand for industrial fat fraction. High Price for Non-premium Products to Obstruct Market Growth Butter is already an expensive product for the population in several developing regions. Value-added products such as spreadable butter is restricted only to Tier-1 towns and urban dwellings. This is anticipated to slow down the development of the industrial fat fraction market in these regions. Consumers take price points very seriously in regions such as Latin America, the Middle East and Africa, and Asia Pacific and premium products are anticipated to experience longer inventory retention, which eventually slows down the adoption of the product. This can dampen retail chains in these regions from participating in the industrial fat fraction market, eventually hindering the growth of the market over Request For Report Sample@ https://www.persistencemarketresearch.com/samples/22528
findmarketresearch.org 2018-12-06 10:12:00
Persistence Market Research (PMR) has published a research report titled "Lactase Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025." The report states that the global market for lactase is expected to be impacted by the growing application of lactase enzyme and its various benefits. The increasing awareness among people is further expected to bode well for the growth of the market in the coming years. According to PMR, the global lactase market is expected to witness a CAGR of 3.7% from 2017 to 2025. The market was valued at around US$ 1,235 Mn in 2017 and is expected to rise to over US$ 1,647 Mn by the end of 2025. Growing Consumption of Dairy Supplements to Augur Well for the Market Lactaid that contains lactase is a very prominent dietary supplement that is used in the form of a pill by people who are lactose intolerant. Presently, the consumption of dairy food is extremely high and people worry about getting extra calcium in their diet from dairy products. The idea of this supplement is to take it before meals as it contains lactose. Producers state that these supplements or pills contain lactase enzymes and thus have an excellent safety profile. They are safe for intake as a part of the meal or snack at any time of the day. As a result, the penetration of dietary supplements containing lactase is growing, thereby leading to the increasing demand for lactase enzymes in the dietary supplements market. Moreover, the rising concerns over colic associated with the lactose intolerance levels among infants is expected to provide market players with lucrative opportunities. Babies can be pre-treated with baby-feed or infant formulas that contain the lactase enzyme. Adding these infant formulas to breast milk or normal milk decreases the content of lactose, thus making it easier to digest. This is a natural and safe method for treating infants who are associated with colic. Many infant formulas and baby food manufacturers are enhancing their product lines containing lactase, as the demand for these baby foods is increasing among the urban population. As such, this is resulting in a higher demand for lactase enzymes, due to which, substantial growth can be predicted in the global lactase market over the course of Europe to Lead in Lactase Consumption Through 2025 Among all the regional markets, Europe is expected to lead the global lactase market in the coming years owing to the consumption of lactose free dairy products and a substantial growth in the working population. A noteworthy shift in the habits pertaining to lifestyle is being observed around this zone. The region is already one of the largest consumers of processed food globally, and is also expected to create further demand for food and beverages designed for the working-class population over the years ahead. Lactose-free dairy products come with the benefit of easy digestion, and also contain all the essential nutrients of milk, which is largely preferred by the working-class population as these products do not cause bloating, gas, pain, and cramps. Innovation to be Topmost Priority of Market Players Market players are looking forward to investing in R&D in order to come up with new products and stay competent in the global market. The companies operating in the global lactase market are Chr. Hansen A/S, Advanced Enzyme Technologies Limited, DuPont de Nemours and Company, DSM Chemicals, Novozymes, Merck KGaA (Sigma-Aldrich), and Sternenzyme, among others. Request For Report Sample@ https://www.persistencemarketresearch.com/samples/22387
taxguru.in 2018-12-06 07:49:00
Annuity received from annuity policy purchased on maturity of the NPS account. For the employees who receive pension from their ex-employer is fully taxable under the head salaries. So it is not only the active employees whose salaries are taxed under the head Salaries but also the pension receive by ex-employees is also taxed under the same head. Like Salaried employees, the pensioners are also entitled to the benefit of standard deduction available upto forty thousand rupees every year which has been introduced from this year, against the pension received by them. You are entitled to commute certain portion of your pension and receive the present value of such commuted value of pension at the time of your retirement. For government employees and those working with government companies the entire value of commute pension is exempt. However for other employees commuted value of 1/3 of pension is exempt in case the employee receives any gratuity. In case the employee does not receive any gratuity, he can commute pension upto 50% of the pension and claim the same as exempt. Pension received under superannuation policy or employee pension scheme In case your employer had contributed towards superannuation fund or ha purchased superannuation policy for you, the pension received by your from the insurance company is taxable under the head Salary as it is received as a result of your employment. Even for the 1/3 of the commuted portion of pension receivable under the superannuation is fully exempt. Likewise the pension received by you under the EPS based on your contribution towards EPF is fully taxable in your hand. Since this pension is received as a result of your employment, you are entitled to claim standard deduction as discussed above. Family pension Pension received by the dependent of an employee is called family pension and is fully taxable in the hands of the dependent recipient/s. However as the pension is not received due to services rendered by the dependent the same is taxable under the head "Income From Other Source". However the dependent person who receives the pension is entitled to claim a deduction of 1/3 of the pension received subject to a maximum of fifteen thousand rupees against the deduction of forty thousand rupees available to retired employees. Annuity received from insurance company on the annuity policy purchased by you In order to ensure that you receive a certain sum at a fixed period, you can buy an annuity plan from an insurance company which in turn will pay the agreed amount at the agreed interval which is annuity but loosely called pension. The amount of pension received under an annuity plan is fully taxable under the head "income from other Sources." Since this amount does not have any co-relation with any employment, you are not entitled to claim standard deduction against this amount. Annuity received from annuity policy purchased on maturity of the NPS account. The employees who have opted for NPS instead of EPF account have to mandatorily buy an annuity plan from an Indian insurance company for 40% of the accumulated corpus. The pension received by these employee should be taxable under the head Salaries but since the employee can continue to contribute to his NPS account even after he leaves his employment or even when he turns self employed, it is doubtful whether in such situation the annuity received will become taxable under the head Salaries or it should be taxable under the head "Income From other Sources". Likewise even a self employed person can also contribute towards the NPS account and receive pension. Presently the income tax law does not have any clear cut provision as to the head under which the annuity received for annuity policy bough on retirement should be taxed. In my opinion for the salaried the pension should be taxable under the head Salaries and should also be entitled for standard deduction upto Forty thousand rupees. But Since the law is silent on this aspect it is risky to offer it under the head Salaries for claiming the standard deduction. Additionally salaried and self employed both can contribute additional fifty thousands to claim deduction under Section 80 CCD(1B) so the head under which the pension received will become taxable and whether one will be entitled to claim standard deduction is a grey area and clarificatory amendment of the law is needed to clear the clouds. The writer is tax and investment expert. Author Bio Qualification : CA in Job / Business Company : N/A
findmarketresearch.org 2018-12-06 07:20:00
Safe and secure packaging has been the top priority of product manufacturers in order to ensure that the product is getting delivered to the customers in their intact form. Also, with the stringent regulations laid by various authorities regarding safety of product packaging has led to an advent of tamper evident bag sealers. Tamper evident bag sealers allow the observer to easily identify any case of tampering with the product. The rising awareness among consumers and stringent regulations laid down by national and international authorities on the safety of product packaging has led to a shift in design. Deliberate or unintentional tampering of food products has been witnessed in the past leading to catastrophic events which required a more careful approach to packaging. This factor is significantly contributing to the growth of the global tamper evident bag sealer market globally. One of the primary factors driving the growth of the global tamper evident bag sealers market is the stringent government regulations that strictly advise the incorporation of tamper evident packaging to be incorporated in the packaging format. The growth of the pharmaceutical market is also a driving factor of the global tamper evident bag sealers wherein it is mandatory to use tamper evident labels or packaging type that ensures high safety of the pharmaceutical product. However, the tamper evident bag sealers market faces stiff competition from all other alternatives of tamper evident packaging which are gaining more traction in the market. Another factor restraining the growth of the global market is certain issues with the sealing process such as non-adherence of the seal to the container which give rise to safety issues as well as delay in the production process. On the basis of geography, the global tamper evident bag sealers market is segmented into Asia Pacific, North America, Latin America, Middle East & Africa, and Europe. North America is expected to lead the global tamper evident bag sealers market on the backdrop of highly technologically advanced end use industries as compared to other regions. Also, the rules laid down by the FDA also make it mandatory to incorporate tamper evident packaging for certain end user industries such as pharmaceuticals. Apart from North America, Asia Pacific is expected to witness growth at the highest CAGR attributed to growth of the packaging industry in key economies such as India and China. China accounts for a major share in the packaging machinery market, and hence, the tamper evident bag sealers market is expected to witness growth in the Asia Pacific region. Middle East & Africa along with Latin America are expected to witness growth at a sluggish pace to less technological advancements as well as less developed end user industries. Some of the key players operating in the global tamper evident bag sealers market are Innoseal Systems Inc., Tamper Technologies Ltd, Quick Pak Inc., ADSURE Packaging Limited, and Butler Staple Company. The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry. The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint. Request to Report Methodology @ https://www.futuremarketinsights.com/askus/rep-gb-6326