Blockchain Technology and How Governments can Benefit from them

Blockchain has been the buzzword in the information technology world over the last couple of years generating curiosity in developers and consumers alike. This novel technology is actually just a modern approach to digitally keeping and updating records. However, the intrinsic nature of Blockchain can change the mechanism of trust in transactions and services in the digital age.   A …

Easy to Understand – COMPOSITION SCHEME UNDER GST

Composition scheme is a simple and easy scheme for small traders and business in GST. Amitbhai Patel, a small-time trader in Madhupura Market of Ahmedabad. His business turnover was  ₹48.37 lakhs last year and due to demonetization, he doesn’t expect his turnover for this financial year to be more than ₹55 lakhs. He deals with numerous traders and manufacturers and now in GST, it has …

Impact of GST on BPO and KPO sector

BPO and KPO sector which comes under ITES is one of the fastest growing industries in India. India has more than 50% global market share in this sector. All the major towns like Bengaluru, Chennai, Hyderabad, Mumbai, Delhi, and Ahmedabad have become beacons of BPO/KPO sector. While the impact of GST in other sectors is more prominent, it’s not in …