Digital Economy
Digital Economy News
Union Budget 2023-24: Why this year's Budget needs to be seen through the lenses of India as a rising power
Budgets are always instruments, not only for assessing expenditure and income, but also for projecting what kind of nation a country wishes to be seen as
Budget 2023-24 Expectation: Need for clarity on equalisation levy; higher tax on virtual digital assets
Many aspects of VDA taxation need clarity, without which there is a risk of inadequate compliance or disputes
How fraudsters can use stolen identities for ghost loans and mule accounts
No matter how careful we are, we end up leaving traces on the internet as well as in the physical world
Time for India to leverage global anti-China sentiment towards strategic autonomy
Today, China with its assertive attitude is virtually frightening away investors. If India fails to grab this opening, there will be no alternative for investors but to go back to China
Budget 2020: Govt should revisit spectrum charges, other levies; offer amnesty schemes to telecom firms to enable 5G launch
Some incumbent players have begun reconsidering their future investment plans for 5G and national broadband, which are slated to form the fulcrum of the government’s ambitious Digital Communications Policy.
Nirmala Sitharaman holds first pre-Budget consultations with representatives of digital economy, startups
Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on 1 February.
Digital economy: Love of cash hinders govt's objectives; currency in circulation rises 17% to Rs 21 lakh cr post-demonetisation
The demonetisation got rid of old 500 and 1,000 rupee banknotes and Modi said that would boost the country’s digital economy, unearth unaccounted wealth and reduce the use of cash.
To tighten grip on black money, Centre likely to introduce more provisions in cash holding limit norms in Budget 2020-21
Top sources said the government is mulling stringent measures which could be announced during the Budget next year to cap the cash holding limit at home or in lockers.
Effective cybersecurity can help in accelerating business transformation
Staying agile while adding resources into cybersecurity developments will ensure that your business is equipped to adjust to the risk scenario
Digital economy? RBI says currency in circulation soars 17% to Rs 21.1 lakh cr in FY19
Despite the many an effort to shift to digital payments and usher in a digital payment economy, the currency in circulation has jumped by a hefty 17 percent to Rs 21.10 lakh crore as of March 2019, the Reserve Bank said in its annual report for 2019
FinMin asks PSBs to seek ideas from branches for achieving $5 trillion economy; to prepare roadmap for banking sector
It will be a bottom-up consultative process with PSBs from the branch level onwards of which will involve discussions at the branch or regional level, state level and national level.
Fintech, startups expect tax sops, funding access, digital push in upcoming Budget FY20
Fintech firms and startups expect the government to usher in a new set of reforms in the upcoming full Budget for the current fiscal
Union Budget 2019-20: Industry and investors seek clarity on growth trajectory; govt needs to step up investment in manufacturing sector
Union Budget 2019 is expected to give the necessary thrust to business sentiments by being the perfect curtain raiser for potentially encouraging times to come
Union Budget 2019: Finance Minister should consider bringing down corporate tax rate for all companies, irrespective of turnover
In February 2019, the then Interim Finance Minister Piyush Goyal adopted a pragmatic approach by providing a pro-growth and fiscally prudent Budget
Union Budget 2019: IT industry, startups meet Anurag Thakur to discuss data protection, tax issues
Ahead of the Budget, representatives of the tech sector and industry bodies like Nasscom, IAMAI and MAIT met Minister of State for Finance Anurag Thakur on Saturday to discuss various issues, including tax structure, and share their views on strengthening the digital economy
Draft e-commerce policy 'inimical' to govt's $1 trillion digital economy goal, will bring down FDI flows: IAMAI
IAMAI was also of the view that "the process of making the policy itself was less than inclusive and open" as compared to recent national-level policies
Govt close to meeting fiscal deficit target of 3.4%; some numbers are still to come, says SC Garg
The government in the interim Budget in February revised upward the fiscal deficit target to 3.4 percent from 3.3 percent of GDP
India far away from being less-cash economy, must address security issues, says Nandan Nilekani
Card payments infrastructure must be made more secure in a bid to compete with cash-based system, Nilekani said
Mobile wallet transactions increased 40 times in India in five years; every service provider eyeing Indian market: Gulshan Rai
India was one the most advanced countries in the world in terms of expanding mobile wallet payment on a larger scale.
From relief in personal tax rates to simplifying GST procedure, here's a list of issues Budget 2019 should look into
With key global economies like the US going for significant rate cuts, the government may do well to bring down the corporate tax rate for all the companies, irrespective of the turnover criteria.