In the dusty bylanes of Bengaluru, a quiet transformation is happening that has been missed by banks on the main street. In a rapidly urbanizing city, villages have found themselves encircled by urban sprawl. Houses are tightly packed next to each other
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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…
Earlier this month, Paytm Mall had launched a comprehensive seller-assistance programme to help merchants become GST-compliant on its platform. The company helped sellers get accessed to GST network (GSTN) numbers.
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Indian School of Management and Entrepreneurship (ISME) Ace, India’s largest FinTech Accelerator Program, was inaugurated by Maharashtra Chief Minister Devendra Fadnavis. The program is managed by the Three Sisters Institutional Office. The specialised accelerator programme was launched in Mumbai…
Google India is set to expand its programmes that aimed at improving the digital penetration levels of small and medium businesses (SMB) through a range of separate initiatives. According to Google, which released a joint study with KPMG, rising penetration and greater uptake for digital solution…
With just days to go before India rings in a historic unified tax system, confusion reigns in many consumer-facing industries such as automobiles and packaged goods. While most agree that the unified goods and services tax (GST) would bring much-needed efficiency and long-term benefits, the rollo…
West Bengal Chief Minister Mamata Banerjee on June 21, appealed to Dutch investors along with Italian and German industrialists to invest in the state. “Come to Bengal and ride the growth because the state has the sustainable development in every angle. The state has improved a lot after the 34 y…
There can be no gain without pain and that may be especially true when it comes to taxes. As about 160 countries overhauled their indirect tax systems, they confronted numerous challenges. Latecomer India is unlikely to escape some havoc. When Canada implemented its goods and services tax in 1991…
The Merchandise Exports from India Scheme (MEIS) is being re-designed to make exports from India GST-compliant and the issue of working capital requirements under the new tax regime is being deliberated upon by the government, said Neeraj Prasad, Additional Commissioner, GST Cell, Central Board o…
With less than 50 days left to the rollout of goods and services tax (GST), businesses are on edge about their preparedness. The bigger ones have to worry about the GST-compliance of all their suppliers and distributors, as even one laggard in the chain can trip them up. Bengaluru-based garment m…
