ETV Bharat / business

Global retail furniture brand 'BoConcept' opens its first store in Hyderabad

BoConcept opened its first south India store in Hyderabad's Banjara Hills. It is spread across 4000 Sq.ft and constitutes of 14 in-house studios.

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Published : Aug 1, 2019, 7:41 PM IST

Hyderabad: Danish Global retail furniture chain brand, BoConcept opened its first South India store in Hyderabad's Banjara Hills. It is spread across 4000 Sq.ft and constitutes of 14 in-house studios.

Talking to ETV Bharat BoConcept India Director, Navin Khanna said, “We already have a presence in Delhi, Mumbai. We were already catering to a lot of customers from Hyderabad in both the cities. So we felt that there is a lot of traction and interest for our furniture from Hyderabad.”

Read more:Delhi HC sets aside trial court order prosecuting Reliance Industries Ltd

BoConcept is souring various material from India. They are selling those products across the world. Explaining this Navin said "There are a lot of things that we source from India across the world. There are a lot of accessories being made in India, that are being exported to Denmark, Which actually we internally import back into Denmark. There is a lot of material that goes into BoConcept’s many stores across the world from India."

On differentiation from other brands, he said “BoConcept is danish Brand. So Scandinavian designs are basically about simple, straight modern lines. The other brands have their own design philosophies. Our differentiation factor is that we are simply a modern design company. While other's are more on contemporary.”

This company is also hoping to expand its stores in Chennai and Bengaluru.

Hyderabad: Danish Global retail furniture chain brand, BoConcept opened its first South India store in Hyderabad's Banjara Hills. It is spread across 4000 Sq.ft and constitutes of 14 in-house studios.

Talking to ETV Bharat BoConcept India Director, Navin Khanna said, “We already have a presence in Delhi, Mumbai. We were already catering to a lot of customers from Hyderabad in both the cities. So we felt that there is a lot of traction and interest for our furniture from Hyderabad.”

Read more:Delhi HC sets aside trial court order prosecuting Reliance Industries Ltd

BoConcept is souring various material from India. They are selling those products across the world. Explaining this Navin said "There are a lot of things that we source from India across the world. There are a lot of accessories being made in India, that are being exported to Denmark, Which actually we internally import back into Denmark. There is a lot of material that goes into BoConcept’s many stores across the world from India."

On differentiation from other brands, he said “BoConcept is danish Brand. So Scandinavian designs are basically about simple, straight modern lines. The other brands have their own design philosophies. Our differentiation factor is that we are simply a modern design company. While other's are more on contemporary.”

This company is also hoping to expand its stores in Chennai and Bengaluru.

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ITR: 'Lite' e-filing facility launched for taxpayers
         New Delhi, Aug 1 (PTI) A 'lite' e-filing facility was launched by the Income Tax department on Thursday to facilitate easy and quick filing of returns by taxpayers.
         The facility was operatlionalised on the official portal of the department --https://www.incometaxindiaefiling.gov.in.
         "The Income Tax department is launching 'e-Filing Lite', a lighter version of e-Filing portal with a focus on filing of Income Tax Return (ITR) by the taxpayers," the department said in a public advisory.
          "The same can be accessed by clicking 'e-Filing Lite' button in home page. The current e-Filing portal having all the services can be accessed by clicking on 'Portal Login' button," it added.
          A senior official said a new tab for 'lite' was provided on the web portal and once registered taxpayers log in their page, they will only be provided essential links that enable e-filing of ITRs and Form 26AS (for tax deducted at source credit). Taxpayers can download pre-filled or XML forms and view their past filed returns, among others.
          Other regular tabs like e-proceeding, e-nivaran, compliance, worklist and profile setting were taken off from the 'lite version' but retained in the standard version of e-filing facility, he said.
          The 'lite' version is aimed to enable easy and quick ITR filing by all categories of taxpayers, the official said.
         On July 23, the government extended the due date for filing income tax returns by individuals for financial year 2018-19 by a month till August 31. PTI NES
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