Tag: #demonetization

How fintech players can help banks bridge the gap in SME lending in India

Before the Indian government liberalized the economy in 1991, the success of businesses in India depended mostly on government contacts, licenses, bureaucracy and ambition. Today, the competitive landscape is much more diverse, with family businesses having to compete with MNCs for better technol…

Comment | Demo & GST Done; Mega SMB Boost Awaited

He redefined the art of political communication resulting in a land slide victory in 2014.  But to endure his success as an orator par excellence, he is someone who takes honest feedback in the right earnest. Having delivered an unusually long I-Day speech in 2016, Prime Minister Narendra Mo…

Why Indian SMEs enduring Finserv disruption will reap the benefits

Why Indian SMEs enduring finserv disruption will reap the benefits

The financial services (Finserv) landscape in India has shifted dramatically in only the last few months. Following the dramatic implementation of demonetization efforts, the nation is now underway with a Goods and Services Tax reform (GST). Both of these events are disrupting the typical way sma…

‘The intent of GST is not to reduce real estate prices’

Goods and Service Tax (GST) is a forward-looking tax reform on part of the government. There is no doubt that it will be a game-changer for Indian industry, bringing in a more comprehensive and uniform tax structure that will ensure greater transparency in the economy. However, there are certain …

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…

देश की जीडीपी ग्रोथ पर वैश्विक परिस्थितियों का असर: वित्त मंत्री

वित्त मंत्री अरुण जेटली ने कहा है कि देश की जीडीपी ग्रोथ पर वैश्विक आर्थिक परिस्थितियों का असर पड़ा है। एक प्रेस कॉन्फ्रेंस में मोदी सरकार के तीन साल के काम-काज का लेखा-जोखा पेश करते हुए उन्होंने कहा कि कुछ देशों में संरक्षणवाद की प्रवृत्ति और वैश्विक व्यापार में कमी साफ-साफ देखी जा रही है। [&hel…

Demonetization: A vice or a virtue for start-ups in India

With the stunning move on the 8th of November by the honorable prime minister of India, everyone, be they in media, social media, domain experts, politicians, business houses and of course the common man became part of the conversation, and a stakeholder in the debate on demonetization. One perti…

GST: गुड्स एंड सर्विसेज टैक्स के अधिनियमों ने उड़ाई SME की नींद

जानकारों का कहना है कि गुड्स एंड सर्विसेज टैक्स (जीएसटी) में सरकार और टैक्स देने वाले समुदाय ने जीएसटी से एमएसएमई (SMEs) पर पड़ने वाले असर को नजरअंदाज कर दिया है। यही वजह है कि कई एमएसएमई अब खुलकर आगे आ रहे हैं और अपनी समस्याओं को सरकार के सामने रख रहे हैं। घटेगी उत्पाद […]

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How GST will reshape the Indian start-up industry

Seen as one of the biggest tax reforms post independence in 1947, the Goods and Services Tax (GST) is set to bring forth unprecedented transformation of the Indian economy. There is a lot of conjecture around whether our markets are strong enough to sustain the impact of a radical change of this …