Dr Neeta Verma, Director General, National Informatics Centre has said all the toughest challenges that the Covid-19 pandemic has thrown before the government could be tackled majorly with the help of technology.In a fireside chat discussion with Kamal Arora, Country Director, Government, Dell Technologies India and ETGovernment's Mohd Ujaley, she said that technology has been the key enabler of various functionalities for the government as well as the private sector."As the world is still fighting the coronavirus pandemic, we are exploring innovative solutions for the functioning of government offices in a paperless and contactless mode in order to ensure safety and security of every citizen," she said.She informed that the RT-PCR app developed by NIC is widely being used by hospitals across the country for collecting, processing and reporting Covid-19 cases.While acknowledging the role of applications in business continuity plans, senior technology leader from Dell Technologies, … [Read more...] about MSME digitalization critical for India’s economy in post-Covid world: Dell Technologies
Digital payments about
“In addition to the support we are providing directly with our own product and service changes, we are determined to help our customers claim as many benefits and rebates as possible to free up money for essential expenses and reduce their financial stress.” … [Read more...] about How bank customers save $153m through app
equalisation levy (“2% EL”) in the Finance Act, 2020. This came as a bolt from the blue for many since the 2% EL was not a part of the budget proposals or part of the Finance Bill, 2020.The 2% EL is levied on foreign e-commerce operators, who own, operate or manage a digital facility or platform for selling or facilitating sales of goods and services online to Indian residents [or persons using an Indian internet protocol (IP) address]. In some cases, EL also applies to consideration received from non-residents on (a) sale of advertisement targeting Indian residents or persons using an Indian IP address; and (b) sale of data collected from Indian residents or customers using an Indian IP address.The intent of the levy is clear – to tax non-resident e-commerce players who often escaped taxation in India even though a major chunk of their business and profitability was derived from Indian users.However, a lot of hue and cry has been made by the e-commerce industry … [Read more...] about Equalisation levy: Administrative woes making a stronger case for deferral?