Online/fintech startups score 8 (out of 100); large banks Score 61: FireCompass report
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While the internet reduces borders, one cannot ignore the logistic and regulatory processes any transaction must go through.
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How can CAs help make GST simpler for startups? By reminding startups that some of them must start paying tax even if their turnover is just 20 lakhs.
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A report on the labour laws ecosystem says we are in dire need of immediate overhaul of labour laws - like those radical reforms from Rajasthan, Gujarat, Maharashtra and MP.
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It will likely touch $4.5B by 2018; demonetization had an adverse effect on many businesses, but for data center players, business has been good with demand still outstripping supply.
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Seller sign-ups with online market places will reduce as discounts and flash sales escalate on all e-commerce platforms to clear existing stocks and mitigate anticipated losses.
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GST will shorten delivery time spans and overall spend on operational expenditures but is sure to give some tech un-savvy SMEs a few hiccups in the initial months.
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The reason for Modi’s insistence can be attributed to the impending GST rollout, next week.He also mentioned that the country has attracted the largest FDI (foreign direct investment) in the last three years.
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