Opinion

Don’t wait for last day to file returns, cautions GSTN Chairman

‘Leg-up for SMEs as GST ends tax arbitrage’

The rollout of goods and services tax (GST) is expected to level the playing field for small and medium enterprises (SMEs) by reducing the tax arbitrage. True, at least in the immediate term, compliance costs will shoot up as GST requires registration and filing of returns in multiple states. Als…

GST-TAX

GST: An idea whose time has come!

We are now just days away from the rollout of the goods and services tax (GST) on July 1 — the most ambitious indirect tax reform ever attempted in modern India. Yes, the design is far from perfect (given the multiplicity of rates), yet it is a visionary idea on which, amazingly, there is politic…

agritech-1

Can agri-based start-ups transform the rural economy?

Earlier this year (2017), two India-based agri-technology (AgTech) start-ups hit the headlines for raising millions in funding from private equity firms. AgroStar, which provides agricultural inputs directly to farmers, raised $10 million, and RML AgTech, which offers smart farming solutions, rai…

startup_plan

Less noise, more action: What Indian start-ups really want from govt

After three years of PM Narendra Modi’s government in power, there have been a series of media report cards on what went right or wrong. There has been extreme criticism and some praise as well. In terms of what it has done for start-ups, it is a mixed bag. When I spoke to entrepreneurs bef…

rupess

India needs its MSMEs to go cashless: Report

Almost eight months after demonetisation, India is slinking back to using cash as its primary mode of financial transactions. While the government has undertaken several initiatives to induce the consumers to go digital, a report by the Boston Consulting Group (BCG) predicts that it would be far …