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As the number of senior citizens increase, from 10.38 Crore in 2011 to an estimated 17.3 Crore in 2026 and 30 Crore in 2050, India is exploring ways to promote the idea of ‘Silver Economy’ by developing residential and infrastructure…
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While Regulatory clearance to cryptocurrencies can open pandora’s box, The underlying blockchain technology holds panacea for various areas of governance and economy. Read: What is Cryptocurrency? Why Cryptocurrencies are dangerous? Anonymity in records This may lead to tax evasion and…
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Here are some challenges for GST in India: High Rates and Multiple Slabs If Union and States abolished existing indirect taxes (Excise, Custom and VAT), then their revenue income will obviously decline. Therefore, GST rate needed be high enough to…
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Here are some of the benefits for GST implementation in India: This is what happened before GST regime. A car company would aim for “in-house production” of all necessary intermediate- goods and accessories (e.g. tires, windshield, car-stereo player) because if they…
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