-The Hindu Business Line Automating the systems seems to be the biggest challenge New Delhi: With less than a week to go for the new indirect tax regime to kick in, small businesses are trying to understand the modalities of the goods and services tax (GST) as the compliance burden for them is set to significantly rise. Making a relaxation for small businesses, rules allow those with an annual turnover between Rs. 20...
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The country needs sanitation vigilantes -R Sukumar
-Livemint.com Fines for public urination could fatten local administrations, and actually allow them to create an army of sanitary inspectors—imagine the number of jobs that could be created A country on the move needs a slogan, so may I humbly suggest one: because a man’s got to go when a man’s got to go. That’s the perfect slogan for a country where most men think it’s OK to pee anywhere. I say...
More »Cash is back as digital payments dip on cost -TCA Sharad Raghavan
-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...
More »Deposit gush: CA Institute bats for special audit -KR Srivats
-The Hindu Business Line Need to assess impact of demonetisation on banks, says ICAI chief Vikamsey New Delhi: The CA Institute has urged the Finance Ministry and the Reserve Bank of India (RBI) to allow its members to undertake focused “special audit” of deposit flows into the banking system during the demonetisation period, which started on November 8 and ended on December 31 last year. There is a need to assess the demonetisation...
More »Will Modi Be Able to Provide Housing For All? -Bilal Khan and Ane Gupta
-TheWire.in A number of internal loopholes within the Housing for All scheme seems to be denying housing to those who need it most. “We have a dream for 2022. The poorest of poor should have a house of his own. And that house must be equipped with electricity, water and other facilities. There should be hospitals and schools in the neighborhood”. This is what Prime Minister Narendra Modi said on the occasion...
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