Goods and services tax, or what we are more familiar with, GST, is one of the most crucial tax reforms ever implemented in India. Though it was in pipeline since quite a sometime, it finally fell into place on 1st of July 2017. It is anticipated that GST, in addition to deciphering the indirect taxation…
Demonetization – Time of crisis or an era of reward
“All cash not black money, all black money not cash”, a buzzing line post- demonetization. It appalls many to see India listed as top 3 countries as the centre of black money, after Russia and China; a gloomy condition to the nation which has been nourished and nurtured by founding father like Gandhi and Ambedkar…
GST, A Stairway To New India
Imagine the world where you end up paying 4-5 different taxes while purchasing any good for your use. Well, put a break on your imagination because you are actually doing the same right now. In India, we have several types of Indirect & Direct taxes. Though we only think Income tax as a tax which…
Implications of Unified Payments Interface
India’s e-commerce industry is the fastest growing sector and is expected to breach $100 billion mark by the end of the year 2020. The rapidly growing sector has further led to the emergence of payment banking opening up numerous possibilities for e-commerce marketplaces and e-retailers. Online businesses now have a unique payments mix to offer…
Long term implications of 100% FDI in E-commerce
The growth of e-commerce in India has been stupendous. From online websites to mobile applications and digital platforms one can almost buy any service or product just by the click of the mouse. Owing to the greater adoption of smart phones and technology and with the government’s plans to completely digitize India with its Digital…
Vital Aspects of Real Estate Regulatory Bill 2016
“The fellow that owns his home is always just coming out of a hardware store” A meaningful quote that connects with all of us who have just bought a home or are planning to own one pretty soon & what could have been a better timing than today to think about buying your own house…
Impact of union budget on the manufacturing sector
Finance Minister Arun Jaitley has recently announced the Union Budget 2016 which aims at growing the economy at an accelerated rate of 7.6% in 2015-2016. The Union budget has proposed a roadmap for bringing about reforms in various important sectors and is in line with its recent initiatives namely Make in India and Digital India….
Invest India: A strategic scheme for accelerated investments & entrepreneurship
Ever wondered why entrepreneurship is so important? Why exactly is it being sponsored & promoted heavily by the government? Before we answer these questions let us take a look at the current business scenario in India and how it has shaped the economy so far. With globalization and liberalization, India has become one of the…
Indian Manufacturing Sector: Buoyant towards a brighter future
As the year 2016 has begun it is time now for the numerous initiatives to begin performing and attracting investors in hordes to look forward to a great future for the manufacturing sector of India. The sector is poised to grow into a US$ 1 trillion industry by 2025 creating up to 90 million jobs…