Tag: digitisation

ItzCash invests in fintech start-up Finly

Coimbatore: ItzCash, a leading player in the digital payments space, has announced that it has made an undisclosed investment in Bengaluru-based expense management fintech startup Finly. The deal has been bought to fruition through part equity investment and part business partnership. “The …

Security tech start-up Seclore bags three deals from govt

Bengaluru: Security tech startup Seclore Technology, which provides enterprises with digital rights management solution, sees huge business opportunity in the Indian security space. The Sistema Asia Fund-backed startup has recently signed up with three security-based projects with the Indian gove…

Security tech start-up Seclore bags three deals from govt

Bengaluru: Security tech startup Seclore Technology, which provides enterprises with digital rights management solution, sees huge business opportunity in the Indian security space. The Sistema Asia Fund-backed startup has recently signed up with three security-based projects with the Indian gove…

Jaipur next destination for start-ups: Vasundhara Raje

Jaipur: Projecting Rajasthan on growth trajectory, Chief Minister Vasundhara Raje said the state capital is emerging as the next destination for startups for which the government is providing supporting environment. “Bangalore (now Bengaluru) is a great place for startups but Jaipur is next…

Digital push to help small traders save up to 46% in tax: Govt

Government on December 20 said small traders will be able to save up to 46 per cent in tax by migrating from cash to digital transaction mode, as the decision to tweak the presumptive income norms would reduce tax liability. “Apart from making tax saving of up to 46 per cent by migrating to digit…

CBDT allays SMEs fear over reopening of past cases

The income tax department has sought to allay fears of companies, particularly those in the Small and Medium Enterprises (SMEs) sector, over reopening of earlier cases due to increased turnover reported in the current financial year because of digitisation. In a circular, the Central Board of Dir…

Automation in MSMEs to drive productivity

As we prepared for our daughter’s dance programme, we had to buy some false jewellery and some tailored clothing. We were in discussion with someone in Kancheepuram for the dresses and quickly realised that their digitisation ended with their website and few photographs sent on WhatsApp. The same…

Consumer, SME loan market to reach $3 trillion in 10 years: Report

With the government taking various initiatives for hassle-free and cashless financial transactions, the consumer and SME loan market is expected to grow to $3,020 billion over the next decade, says a Credit Suisse report. As per the report by the Swiss brokerage, the domestic financial landscape …