Although services provided by the gig and platform workers touch the lives of each one of us, we have little knowledge about the role of digital labour platforms in transforming the world of work. Such digital labour platforms have created unprecedented opportunities for workers, businesses and society. However, they also pose serious threats to decent work and fair competition. A recent report by the International Labour Organisation (ILO) shows that the...
More »SEARCH RESULT
Over 2.9 lakh cyber security incidents related to digital banking reported in 2020: Dhotre
-PTI/ The Hindu The Minister of State for Electronics and IT Sanjay Dhotre noted that the rising popularity of non-banking financial companies (NBFCs) along with e-commerce has also expanded the scope of Digital Payments. Over 2.9 lakh cyber security incidents related to digital banking were reported in 2020, Parliament was informed on Thursday. As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-In), a total number of 1,59,761;...
More »Cyber tax conundrum: Digital Service Tax could offer an interim solution -Suranjali Tandon
-The Indian Express As countries calibrate their response to competing demands for sovereignty to tax, DST is an interim alternative outside tax treaties. It possesses the advantage of taxing incomes that currently escape tax and creates space to negotiate a final, overarching solution to this conundrum. The taxation of digital companies has been a key concern for G20 countries. The agenda to reform international tax law so that digital companies are taxed...
More »In rural India, over-reliance on digital technology has worsen financial exclusion -Rajendran Narayanan and Sakina Dhorajiwala
-The Indian Express A technological intervention must have a governance framework in which protection of rights must be fundamental and which provides more choices to the marginalised. Remember the early days of the internet, when it took several minutes to connect to the web through a dial-in modem? Or when you had to wait in line at an STD booth to make an outstation call? Since then, we have made massive strides...
More »USD 271 bn consumer spending to shift from cash to cards,Digital Payments by 2023 in India:Accenture
-PTI/ The Hindu The report is based on a survey of 120 payments executives at banks globally regarding the transformation of their payments business About 66.6 billion transactions worth USD 270.7 billion are expected to shift from cash to cards and Digital Payments by 2023 in India, and further increase to USD 856.6 billion by 2030, a report by Accenture said on Tuesday. This rapid shift to Digital Payments due to the COVID-19...
More »