Transparent Taxation Platform – PM Modi has launched a new platform for transparent taxation honoring the Honest. The objective is to make the tax system seamless, painless, and paperless. The new platform will have a faceless assessment, faceless apple, and taxpayer charter. You must be aware that CBDT has launched various major tax reforms this […]
Archives for August 2020
Medical stores industry body calls Amazon’s entry to e-pharmacy "illegal"
Amazon India launched its pharmacy business in Bengaluru last week and is conducting pilots in other cities. Medical stores industry entity All India Organisation of Chemists and Druggists (AIOCD), which represents 8.5 lakh chemist and drug retailers in the country, has written to e-commerce giant Amazon, the Prime Minister’s office and Ministry of Health & […]
Just text me, it’s easier!
The other day I talked about doubling down on my fans and the intended audience I’ve always thought of when creating content over the last 12 years. The topics I am most interested in discussing include investing, building companies, entrepreneurship, wealth management, financial advice, Wall Street, pop culture, books, technology, innovation, sports, music, history and […]
The most annoying job in the investment biz
Just got finished reading this story at the Wall Street Journal and I still don’t understand it. So, there’s a guy named Ben Meng who was in charge of the investments for Calpers, which is California’s gigantic public employees’ pension fund. And he also happened to own between $10,000 and $100,000 worth of Blackstone shares, […]
15% of women set to cut pension contributions
New research suggests that more women than men plan to reduce their pension contributions in the next six months in a sign the gender gap in savings may grow. According to research for provider Aegon, in July 15% of women but only 10% of men said they were likely to decrease their pension contributions in […]
Google goes public with rebuke on Australia antitrust law
Internet giant Google on Monday criticised proposed Australian antitrust laws, saying its free search service would be “at risk” and users’ personal data could be shared if it is made to pay news organisations for their content. The Alphabet-owned company said the proposed laws would also help big media companies artificially inflate their search rankings, […]
Unequal Pay For Unequal Work Preferences? Examining The Gender Pay Gap For Financial Advisors
Executive Summary Industry media has often noted that gender pay gaps among financial advisors are shockingly large – with gaps observed as high as 40% or more. However, these headline-grabbing numbers don’t tell the full story. In particular, just looking at ‘raw’ pay gaps (i.e., gaps that don’t adjust for other relevant pay-related differences between […]
Amazon, Flipkart expect big jump in festive sales; ask sellers to place large orders with brands
Illustration: Rahul Awasthi India’s two biggest ecommerce marketplaces, Amazon and Walmart-owned Flipkart, expect this year’s festival-season business in smartphones, television sets, refrigerators, washing machines and apparel to nearly double for some categories and increase at least 40% in others, top industry executives told ET. The platforms have accordingly asked sellers to place large orders with […]
Google in talks with ShareChat as latter scouts for $150-200 million
Google is in talks with ShareChat for investing in the Bengaluru-based social media firm, two people familiar with the matter told ET. ShareChat is looking to raise $150-200 million and is holding discussions with investors and technology companies, as it prepares to battle it out with over a dozen rivals to fill the gap left […]
Slugfest erupts over bias charges against Facebook
A political slugfest broke out between the Congress and the BJP over allegations that social media giant Facebook had shown favouritism to the latter by not acting on hate speech posts by BJP leaders. Congress leader Rahul Gandhi claimed on Sunday that Facebook and WhatsApp are controlled by the BJP and RSS in India while […]