Why should we move towards a Simpler Tax System?
Tax Club

Why should we move towards a Simpler Tax System?

Albert Einstein once said, “The hardest thing to understand in the world is the Income Tax”. Why is that, even the smartest brains are unable to comprehend the taxes?

Continue Reading about 5 years ago
What is the Impact of UPI on e-wallets?
Macro Moves

What is the Impact of UPI on e-wallets?

Have you been searching for rangoli lately instead of embracing your inner Picasso this Diwali? Were you ‘the responsible kid’ all of a sudden to pay all due bills on time this Diwali?

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Why USFDA increases strict check on Indian Pharmaceutical Companies?
Macro Moves

Why USFDA increases strict check on Indian Pharmaceutical Companies?

USFDA Whip Continues on Indian Pharma. It’s raining warning letters and inspection reports on Indian pharmaceuticals. Why is this a matter of concern?

Continue Reading about 5 years ago
Cutting Income tax Rate: Is Government in Dilemma?
Macro Moves

Cutting Income tax Rate: Is Government in Dilemma?

In September 2019, when the government decided to slash corporate tax rate to 15% for new companies, it gave rise to speculation about a reduction in Personal Income Tax (PIT), which was raised to 42.7% for High Net Worth Individuals (HNIs) in the last budget. However, recently, the government has virtually ruled out any possibility of a tax cut.

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Why is Privatization of Public Goods important?
Macro Moves

Why is Privatization of Public Goods important?

There are a lot of goods and services that an individual needs for survival. As Maslow says, 'Physical needs, Safety, and Security, Belongingness, Self-esteem and Self-Actualization" in that order are needed for one's wellbeing and realizing his true potential.

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What is the future of Steel Industry in India?
Macro Moves

What is the future of Steel Industry in India?

Steel Industry is the backbone of the Indian Economy. While the government of India has always taken concrete measures to make the industry competitive, the industry is often found amidst a plethora of challenges.

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Manpasand Beverages Fraud Still Unfolding
Big Shots

Manpasand Beverages Fraud Still Unfolding

Manpasand Beverages has logged the limelight this year for all the wrong reasons. From the arrest of its Managing Director and its Chief Financial Officer for GST fraud in May to the recent allegations of a hostile takeover by Finquest Finance, it has seen all.

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The Future of Air India
Macro Moves

The Future of Air India

If there's an Indian airline that has consumed most of media's 'possession time', that is Air India. The rise in oil prices and the fall of Indian rupee takes the Indian Aviation Industry back to the ground. Even the most profitable airline suffered a loss.

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Future of Electric Vehicles in India
Macro Moves

Future of Electric Vehicles in India

India is among the top polluters in the world, that's right. In some cities, the air is so toxic that it's killing people. Air pollution claimed one million lives in 2018. Now the Government is moving to clean up the atmosphere and is pushing for more electric vehicles on the road .

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PET Neutral Machine- Recycle Plastic Bottles
Macro Moves

PET Neutral Machine- Recycle Plastic Bottles

On 23rd September 2019, the Indian Railways took another tiny step in helping India to become a greener country. The Mumbai – Delhi Rajdhani Express was carrying Biocrux plastic bottle crushing & flaking machine in its pantry car.

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Indian Economic Sectors and the ‘Manufacturing’ Lag
Macro Moves

Indian Economic Sectors and the ‘Manufacturing’ Lag

Understanding the economy and economic growth is not an easy task. To compute its input and output is even tougher. Economists have broken down this entire system into simpler sectors for easier analysis.

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Fiscal Responsibility and Budget Management (FRBM) Act
Macro Moves

Fiscal Responsibility and Budget Management (FRBM) Act

The government all over the world need money to function and deliver certain services. Though the government gets the money from its taxpaying individuals and companies, it is not enough.

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The Toyota-Suzuki Partnership
Big Shots

The Toyota-Suzuki Partnership

The Indian Automobile sector is facing a tough year. Sales of automobiles are at an all-time low. Every individual manufacturer is struggling to make a profit. Further, the rise of Electric vehicle usage has compounded their woes. The alliance between Toyota and Suzuki has garnered quite an interest due to these circumstances. Can they together ride through this economic uncertainty?

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5 ways to improve the Economy of India
Macro Moves

5 ways to improve the Economy of India

The focus of our Indian government is on reforms that can revive the Indian economy. The main aim must be to increase the growth output without compromising on actions needed. Some reforms like GST and Implementation of FDI are bigger, but their impact on the life of a common man is minimal. Many reforms done by the government are only administrative in nature. Reforms that have a larger positive effect on the life of a common man are needed now and the below five reforms, when implemented, will push our economy to new heights.

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Fall in Rupee Against Dollar: Good or Bad?
Macro Moves

Fall in Rupee Against Dollar: Good or Bad?

Often we read the news that rupee has fallen against the dollar. The very next day, the news is filled with political parties blaming each other for the fall. In the national elections, key politicians question the incumbent government over this issue. Some overzealous politicians would even come up with statements, "A Rupee was equal to a Dollar in 1947…". Is fall in rupee’s value actually bad? What causes the difference to the value of the same ₹100 between yesterday and today? What is a strong currency? The answers lie right here.

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Sources of the Indian Constitution
Legal

Sources of the Indian Constitution

Indian Constitution is an essential and fundamental document that forms the basis of the Republic of India. It is the origin of the state, the government, citizenship, rights, liberty & justice. However, it is often criticized for not being original per se, because many of its provisions are borrowed from other countries.

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Reasons behind Government
Macro Moves

Reasons behind Government's Overseas Borrowing in the New Budget

The budgetary announcement that raised some eyebrows was the $10 billion external sovereign borrowings the government is looking forward to. On one hand, the government's own ideological think tanks has turned against it; while on the other hand, some believe that it is an idea whose time has come.

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How is Govt
Macro Moves

How is Govt's overseas borrowing a major concern?

The budget speech of the Finance Minister remained most talked about even after an entire quarter. From proposing new norms, the post-budget market debacle, and the 'debudgetization' in weekly press conferences caused the market to stir for long. However, another curiosity that engulfed the investors was the government's decision on going ahead with the external sovereign borrowing of $10 billion.

Continue Reading about 5 years ago