blogs Archives | Page 8 of 19

15 Oct 22

Will Credit Suisse trigger a new global financial crisis?

Background A few weeks ago, the bankrupt Lehman Brothers which triggered a global financial crisis, concluded their liquidation, 14 years after the 2008 crisis. The company’s 1.1 lakh customers, secured and unsecured creditors were paid USD 115 billion in a settlement. The company was United States’ fourth-largest investment bank in…

30 Sep 22

New Overseas Direct Investment (ODI) Regime – Liberating businesses, liberalizing India

New ODI Regulations Framework On August 22, the Reserve Bank of India (RBI) came up with a new set of Overseas Direct Investment (ODI) Regulations to simplify the existing regulations and realign them to the current business and economic dynamics. RBI has effectively combined the erstwhile FEMA (Transfer or Issue…

15 Sep 22

ONDC – Can Government break the e-commerce monopoly?

Background India has always been a huge market, thanks to the billion-plus population. When India opened to the world in 1991, multinational conglomerates saw a huge opportunity for doing business in India. With the induction of technology over the next few decades post-liberalization, India grew faster than most economies in…

10 Sep 22

What is Enforcement Directorate (ED) and what does it do?

Background The Enforcement Directorate (ED) has been in the news these days more than the crime and criminals. The Government under its current regime has been extensively using the services of the Enforcement Directorate in numerous cases. The number of raids by this particular law enforcement agency has increased as…

10 Sep 22

Why RBI permitted Trade Settlements in INR, explained.

Background When Russia first attacked Ukraine this year, countries across the world chose to sever ties with Russia. Russia was left alone and couldn’t engage in trade with other countries the way it used to. Russia, the biggest oil producer in the world, was locked out of many markets and…

09 Sep 22

Section 194R – A Brief Analysis of New TDS Compliance

Introduction of of New TDS Compliance Many companies often transfer benefits arising out of sales or services directly to their agents. It is a common practice for many corporates to gift cars, trips, laptops, mobiles etc. to their stakeholders for achieving targets or as incentives. These people may be selling…

07 Jul 22

Windfall Tax – The Government’s Robinhood Act

Windfall Tax Introduction The government has imposed a windfall tax on domestic oil producers. Oil producers have recorded steep revenues in recent months amid record-high international crude oil prices. Tarun Bajaj, Revenue Secretary, has said that the windfall tax will be re-evaluated on a fortnight basis, based on foreign currency…

30 Jun 22

New VPN Rules – Is the Government stretching too far?

Background Indian Computer Emergency Response Team (CERT-In), India’s cybersecurity watchdog, has issued new directives for companies offering Virtual Private networks (VPN). Under the new directive, VPN provider companies are required to store user data for at least five years, amongst other rules. These companies are now mandated to collect specific…

15 Jun 22

India Datasets Programme – Draft policy and areas of concerns

Background In February, the Ministry of Electronics and Information Technology (MeitY) came up with a draft policy ‘India Data Accessibility and Use Policy 2022 (IDAU)’ for the access and usage of data held by various government agencies. The policy immediately attracted criticism, especially for allowing the monetisation of data by…

06 Jun 22

Why are Zomato and Swiggy introducing ‘Eat Now, Pay Later’?

EAT NOW PAY LATER Zomato has announced Eat Now Pay Later (ENPL) option for its customers to order food and pay for it at a future date. However, fintech like PayU, EPaylater, and Simpl are already offering credit to customers who order food online. The reason behind Zomato and Swiggy entering the BNPL…

Will Credit Suisse trigger a new global financial crisis?

New Overseas Direct Investment (ODI) Regime – Liberating businesses, liberalizing India

ONDC – Can Government break the e-commerce monopoly?

What is Enforcement Directorate (ED) and what does it do?

Why RBI permitted Trade Settlements in INR, explained.

Section 194R – A Brief Analysis of New TDS Compliance

Windfall Tax – The Government’s Robinhood Act

New VPN Rules – Is the Government stretching too far?

India Datasets Programme – Draft policy and areas of concerns

Why are Zomato and Swiggy introducing ‘Eat Now, Pay Later’?

Your Guide to Navigating Tax Compliance Changes This Year

Greenvissage Explains – November 2024

China’s Economic Stimulus – Is this the return of Dragon?

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