Sikkim aims to improve its investment climate and ease of doing business through various regulatory reforms and infrastructure development. Key areas of focus include streamlining processes for obtaining electricity connections, paying taxes, resolving commercial disputes, registering and transferring property, conducting inspections, obtaining permits and approvals through online single window systems. Sikkim also aims to develop physical infrastructure like roads, telecommunications and rail/air connectivity to facilitate business and trade. However, challenges remain due to environmental protections, land ownership laws, unemployment and slow implementation of reforms.
The document discusses India's National e-Governance Plan (NeGP) and its implementation of e-governance initiatives. Key points include:
- NeGP aims to improve access and efficiency of government services through IT applications. It includes 31 Mission Mode Projects across central, state and integrated services.
- The Income Tax Department's e-filing portal allows taxpayers to file returns and access services online, reducing costs and time compared to manual filing. However, more individuals need to use online services.
- A study found corporate users benefited more from online services in terms of reduced trips, waiting time, and bribes. Individual users saw some benefits but the system needs to be simplified further.
-
Find out the detailed explanation of the provisions related to E-commerce under the dual GST Law for the efficient tax administration from the presentation. Give it a read and we would love to know your feedback!
Finance Act 2020 not only infused a new TDS provision for E-commerce business in India, it also brought in new Equalization Levy at 2% on E-commerce Operators (non-resident) thereby widening the tax base for the growing digital economy.
The document provides information about e-way bills in India. It discusses the objective and need for e-way bills, provisions under law, the e-way bill generation process which involves filling Part A and Part B, validity periods, extensions, cancellations, exceptions and verification process. E-way bills are required for inter-state movement of goods of over Rs. 50,000 in value and aim to facilitate seamless movement of goods and prevent tax evasion. Registered persons need to generate e-way bills on the common portal prior to movement of goods, listing key details of the consignment, supplier and recipient.
The document discusses the VAT consequences of online transactions in South Africa. It provides background on how VAT was introduced, defines e-commerce, outlines the current South African VAT legislation regarding e-commerce transactions. It discusses key aspects like supply, place of supply, and VAT registration requirements. It notes that the current position treats South African businesses and international companies differently. It concludes by summarizing recommendations from the Davis Tax Committee to update South Africa's tax regime to remain relevant in the digital age and online marketplace.
The document discusses various transitional provisions under the GST regime in India. It summarizes key sections related to migration of existing taxpayers, availability of credit for taxes paid under previous laws, credit on stock held on the transition date, and provisions around job works. The transitional provisions aim to ensure a smooth transition to GST by addressing tax imbalances and allowing credits for taxes previously paid to avoid double taxation.
What's New for Business, Finance and Technology Law in Thailand? Peerasak C.
by Warot Wanakankowit (Wingman & Partners)
Agenda
New BOI Privileges for Digital Businesses
Regulatory sandbox issued by Bank of Thailand (BOT)
Q&A
The document discusses India's National e-Governance Plan (NeGP) and its implementation of e-governance initiatives. Key points include:
- NeGP aims to improve access and efficiency of government services through IT applications. It includes 31 Mission Mode Projects across central, state and integrated services.
- The Income Tax Department's e-filing portal allows taxpayers to file returns and access services online, reducing costs and time compared to manual filing. However, more individuals need to use online services.
- A study found corporate users benefited more from online services in terms of reduced trips, waiting time, and bribes. Individual users saw some benefits but the system needs to be simplified further.
-
Find out the detailed explanation of the provisions related to E-commerce under the dual GST Law for the efficient tax administration from the presentation. Give it a read and we would love to know your feedback!
Finance Act 2020 not only infused a new TDS provision for E-commerce business in India, it also brought in new Equalization Levy at 2% on E-commerce Operators (non-resident) thereby widening the tax base for the growing digital economy.
The document provides information about e-way bills in India. It discusses the objective and need for e-way bills, provisions under law, the e-way bill generation process which involves filling Part A and Part B, validity periods, extensions, cancellations, exceptions and verification process. E-way bills are required for inter-state movement of goods of over Rs. 50,000 in value and aim to facilitate seamless movement of goods and prevent tax evasion. Registered persons need to generate e-way bills on the common portal prior to movement of goods, listing key details of the consignment, supplier and recipient.
The document discusses the VAT consequences of online transactions in South Africa. It provides background on how VAT was introduced, defines e-commerce, outlines the current South African VAT legislation regarding e-commerce transactions. It discusses key aspects like supply, place of supply, and VAT registration requirements. It notes that the current position treats South African businesses and international companies differently. It concludes by summarizing recommendations from the Davis Tax Committee to update South Africa's tax regime to remain relevant in the digital age and online marketplace.
The document discusses various transitional provisions under the GST regime in India. It summarizes key sections related to migration of existing taxpayers, availability of credit for taxes paid under previous laws, credit on stock held on the transition date, and provisions around job works. The transitional provisions aim to ensure a smooth transition to GST by addressing tax imbalances and allowing credits for taxes previously paid to avoid double taxation.
What's New for Business, Finance and Technology Law in Thailand? Peerasak C.
by Warot Wanakankowit (Wingman & Partners)
Agenda
New BOI Privileges for Digital Businesses
Regulatory sandbox issued by Bank of Thailand (BOT)
Q&A
The document discusses India's remarkable progress in improving its ease of doing business ranking according to the World Bank's Ease of Doing Business Index. It notes that India jumped from 142nd in 2014 to 63rd in 2019 due to regulatory reforms aimed at reducing compliances, streamlining processes, and improving various business regulations and procedures related to starting a business, construction permits, electricity access, property registration, credit access, investor protections, tax compliance, trade, contract enforcement and insolvency resolution. However, the index was discontinued in 2021 due to concerns about data manipulation.
The 2016-2020 BIR Programs and Projects Rchelle Degala-Apatan-MaEd-EArochelle apatan
The document outlines several programs and projects of the Bureau of Internal Revenue from 2016-2020. Key programs include strengthening administrative sanctions for non-compliance with VAT requirements, the RATE program to crack down on tax evasion, and enhancing taxpayer identification cards. The goals are to promote voluntary compliance, deter evasion, and modernize systems like expanding online services, implementing foreign account reporting, and improving property transfer systems.
The document discusses the World Bank's Doing Business report, which measures business regulations across countries. It focuses on 11 areas that affect domestic small and medium firms, including starting a business, dealing with construction permits, and getting electricity. The report aims to encourage efficient regulations that are simple and accessible to all. It provides data for policymakers and researchers. For Egypt specifically, it discusses the time, cost and procedures required to start a business, deal with construction permits, and get electricity, finding for example that starting a business takes 8 days and costs 8.4% of income per capital.
1) Uganda has reformed its business registration process through the establishment of a One Stop Shop (OSS) platform that allows investors to register their business, register for taxes, and obtain necessary licenses in one location.
2) Previously, business registration involved numerous procedures, locations, and long delays. The reforms simplified the process, reduced costs and time, and enabled electronic collaboration between registration and licensing agencies.
3) Through the OSS platform, over 200 companies can now be registered per week, taxes are more efficiently collected, and data is shared to promote economic development. However, challenges remain regarding change management, legal reforms, and full integration of electronic systems.
Dealing in construction permits in India - online building plan approval syst...Rajeev K Jha
The Urban Local Bodies of NCT Delhi and Mumbai have recently streamlined their Building Plan Approvals through online mode An online Building Plan Approval System has been introduced to ensure that all the required clearances by the external and internal agencies are accorded in a seamless, integrated manner, without any physical interface. Government of Andhra Pradesh have also introduced Development Permission Management Sysfem (DPMS) which has integrated all the urban local bodies of the State to a common portal to give building plan approvals online in an expeditious manner and getting all inspections after approval. Several other State Governments have also taken similar initiatives. These initiatives are aimed at improving the Ease of Doing Business and helping the citizens obtain construction permits in a hassle free manner.
** Reference from Letter from Secretary of MoUD,India.***
The CIDCO Citizens Facilitation Centre was created to provide citizens with easy, single-window access to estate services applications and status updates. It addresses issues with the previous system like lack of organization, long wait times, and inability to track applications. The Centre allows online application submission and processing for services like plot allotments. Since launching in 2014 with a budget of 25 million rupees, over 8,800 applications have been processed through the system's 23 estate services. The benefits include eliminating wait times, providing a single application point, increasing transparency, and allowing online status tracking.
5. NECS 2016 ease of doing business in assam mr. anil sarafFICCINorthEast
Presentation made at 3rd Northeast Connectivity Summit ease of doing business in assam by Mr. Anil Saraf, Consultant, Ease of doing Business, Assam Government
The document provides an overview of basic requirements and processes for doing business with the New York State Department of Transportation (NYSDOT) as a consultant. It discusses licensing, authority, accounting/controls, software/technology, and insurance requirements. It also outlines the long timeframe for contracts, oversight/paperwork involved, risks of payment delays or owing money, and procurement regulations. New requirements discussed include lobbying laws, vendor responsibility questionnaires, consultant disclosure laws, and federal stimulus reporting. The document concludes with contact information for questions.
"FinTech and E-Payment" classes for Chulalongkorn University, Master of Law Program in Finance and Tax Laws and Master of Arts Program in Economic Law, (2018)
TRANSPARENCY THROUGH INTRODUCTION OF TECHNOLOGY IN PUBLIC SERVICE.pptxBDOtalcherChinmayeed
The document discusses various online platforms and services introduced by the Odisha government to increase transparency and efficiency in public service delivery. Key platforms mentioned include Service Plus for issuing certificates online, Land Records Management System for land records, Bhulekh for accessing land maps, DWIST portal with Tahasil information, and e-Pauti for online payment of land revenue. The goal is to reduce delays, improve access and transparency, and ensure services reach people with dignity and minimal intermediaries.
The document discusses IT initiatives and e-governance projects in the Delhi government. It describes several computerized systems implemented across departments to improve efficiency, transparency and citizen services. These include land records computerization, file monitoring systems, grievance redressal systems, e-procurement and other online services. It also outlines plans to establish a centralized grievance redressal management system and call center to better disseminate information and address public complaints.
DIPP - Improve business environment_06may2014BFSICM
The document discusses best practices for improving business environment across Indian states. It summarizes a study conducted by Accenture on this topic. The study identified six best practices: 1) Karnataka's integrated and comprehensive VAT management system, 2) Maharashtra's Labour Management Solution, 3) Maharashtra's Single Window Clearance mechanism, 4) Gujarat's land-related interventions, 5) Gujarat's e-Governance system for pollution clearance, and 6) single window clearance mechanisms in Rajasthan and Punjab. The document provides details on each practice, including the technologies used and key officials responsible. States are invited to share additional best practices to improve business efficiency.
"SATchain" - A Blockchain based solution for invoicing in Mexico Mayank Mudgal
A blockchain solution is proposed for improving Mexico's electronic invoicing system called CFDI. Blockchain technology could help achieve hyper-robustness, transparency, and complete regulation without third party involvement. It would eliminate payment processing outside the current CFDI system and provide full transparency through cryptocurrency. This solution aims to address challenges with the current CFDI system like invoice preservation requirements and the need for multiple steps to cancel or reissue invoices.
1) Uganda Registration Services Bureau is mandated to register businesses and intellectual property, conduct civil registrations like marriages, and collect non-tax revenue.
2) Prior to reforms, business registration in Uganda was unpredictable, lengthy, costly and complex, with no online services or linkages between agencies.
3) Reforms streamlined procedures, created a one-stop shop for registration, implemented online services, and established regional offices. Legal reforms updated company laws and increased the registrar's powers.
The state government of Maharashtra has been at the forefront in creating a conducive business environment that fosters globally competitive firms. Business reforms introduced both by the Central as well as the state government have played a critical role in India’s 30 spots improvement in the Doing Business ranking for 2018.
The State, under the Business Reforms Action Plan (BRAP) 2016, has implemented over 90 per cent reforms in 7 out of 10 parameters, including labour registration, utility connections, single window system, environment registration, among others. These policy reforms have significantly helped in the reduction in time and cost of doing business for the industry, thereby
establishing Maharashtra as one of the top investment destinations in the country.
This report provides the key highlights of the select initiatives on ease of doing reforms in Maharashtra. With a view to provide on-ground impact of these initiatives, the Report also captures industry views on various aspects of business reforms.
ICT-enabled delivery of G2B services: for transparent & productive Govt.-Busi...Cornelia_Amihalachioae
The document summarizes Moldova's efforts to transform government services through digital innovation and e-governance. It discusses how Moldova has merged technological modernization with public service reform by developing an e-government strategy, institutional framework, and key digital services and platforms. These include an e-services portal, digital signature, e-payments, cloud services, interoperability platform, and sector-specific initiatives in areas like taxes, customs, inspections, and business licensing. The goal is to streamline government processes, improve transparency and efficiency of services, and foster collaboration between government and businesses.
What is Saral Sanchar Portal? - Osp License / Compliance Consultant, Ozg Law,...Ozg India
The SARAL SANCHAR portal was launched by the Department of Telecommunications to simplify the license application process and ensure ease of doing business. It provides a unified, paperless, and secure platform for applicants to fill online applications and upload documents digitally. The portal aims to make the process more efficient and transparent by notifying applicants at different stages to ensure all requirements are met before final submission. It currently handles applications for Unified Licenses, Virtual Network Operators, and Other Service Provider registrations.
The document describes ACRA's Seamless Filing project which streamlines the process for Singapore companies to file statutory returns. It reduces preparation time from 9 hours to 35 minutes. Accounting software generates draft filings which companies can review and submit through a single authentication to both ACRA and IRAS. This promotes ease of transaction with government agencies and data quality by standardizing required data fields.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
The document discusses India's remarkable progress in improving its ease of doing business ranking according to the World Bank's Ease of Doing Business Index. It notes that India jumped from 142nd in 2014 to 63rd in 2019 due to regulatory reforms aimed at reducing compliances, streamlining processes, and improving various business regulations and procedures related to starting a business, construction permits, electricity access, property registration, credit access, investor protections, tax compliance, trade, contract enforcement and insolvency resolution. However, the index was discontinued in 2021 due to concerns about data manipulation.
The 2016-2020 BIR Programs and Projects Rchelle Degala-Apatan-MaEd-EArochelle apatan
The document outlines several programs and projects of the Bureau of Internal Revenue from 2016-2020. Key programs include strengthening administrative sanctions for non-compliance with VAT requirements, the RATE program to crack down on tax evasion, and enhancing taxpayer identification cards. The goals are to promote voluntary compliance, deter evasion, and modernize systems like expanding online services, implementing foreign account reporting, and improving property transfer systems.
The document discusses the World Bank's Doing Business report, which measures business regulations across countries. It focuses on 11 areas that affect domestic small and medium firms, including starting a business, dealing with construction permits, and getting electricity. The report aims to encourage efficient regulations that are simple and accessible to all. It provides data for policymakers and researchers. For Egypt specifically, it discusses the time, cost and procedures required to start a business, deal with construction permits, and get electricity, finding for example that starting a business takes 8 days and costs 8.4% of income per capital.
1) Uganda has reformed its business registration process through the establishment of a One Stop Shop (OSS) platform that allows investors to register their business, register for taxes, and obtain necessary licenses in one location.
2) Previously, business registration involved numerous procedures, locations, and long delays. The reforms simplified the process, reduced costs and time, and enabled electronic collaboration between registration and licensing agencies.
3) Through the OSS platform, over 200 companies can now be registered per week, taxes are more efficiently collected, and data is shared to promote economic development. However, challenges remain regarding change management, legal reforms, and full integration of electronic systems.
Dealing in construction permits in India - online building plan approval syst...Rajeev K Jha
The Urban Local Bodies of NCT Delhi and Mumbai have recently streamlined their Building Plan Approvals through online mode An online Building Plan Approval System has been introduced to ensure that all the required clearances by the external and internal agencies are accorded in a seamless, integrated manner, without any physical interface. Government of Andhra Pradesh have also introduced Development Permission Management Sysfem (DPMS) which has integrated all the urban local bodies of the State to a common portal to give building plan approvals online in an expeditious manner and getting all inspections after approval. Several other State Governments have also taken similar initiatives. These initiatives are aimed at improving the Ease of Doing Business and helping the citizens obtain construction permits in a hassle free manner.
** Reference from Letter from Secretary of MoUD,India.***
The CIDCO Citizens Facilitation Centre was created to provide citizens with easy, single-window access to estate services applications and status updates. It addresses issues with the previous system like lack of organization, long wait times, and inability to track applications. The Centre allows online application submission and processing for services like plot allotments. Since launching in 2014 with a budget of 25 million rupees, over 8,800 applications have been processed through the system's 23 estate services. The benefits include eliminating wait times, providing a single application point, increasing transparency, and allowing online status tracking.
5. NECS 2016 ease of doing business in assam mr. anil sarafFICCINorthEast
Presentation made at 3rd Northeast Connectivity Summit ease of doing business in assam by Mr. Anil Saraf, Consultant, Ease of doing Business, Assam Government
The document provides an overview of basic requirements and processes for doing business with the New York State Department of Transportation (NYSDOT) as a consultant. It discusses licensing, authority, accounting/controls, software/technology, and insurance requirements. It also outlines the long timeframe for contracts, oversight/paperwork involved, risks of payment delays or owing money, and procurement regulations. New requirements discussed include lobbying laws, vendor responsibility questionnaires, consultant disclosure laws, and federal stimulus reporting. The document concludes with contact information for questions.
"FinTech and E-Payment" classes for Chulalongkorn University, Master of Law Program in Finance and Tax Laws and Master of Arts Program in Economic Law, (2018)
TRANSPARENCY THROUGH INTRODUCTION OF TECHNOLOGY IN PUBLIC SERVICE.pptxBDOtalcherChinmayeed
The document discusses various online platforms and services introduced by the Odisha government to increase transparency and efficiency in public service delivery. Key platforms mentioned include Service Plus for issuing certificates online, Land Records Management System for land records, Bhulekh for accessing land maps, DWIST portal with Tahasil information, and e-Pauti for online payment of land revenue. The goal is to reduce delays, improve access and transparency, and ensure services reach people with dignity and minimal intermediaries.
The document discusses IT initiatives and e-governance projects in the Delhi government. It describes several computerized systems implemented across departments to improve efficiency, transparency and citizen services. These include land records computerization, file monitoring systems, grievance redressal systems, e-procurement and other online services. It also outlines plans to establish a centralized grievance redressal management system and call center to better disseminate information and address public complaints.
DIPP - Improve business environment_06may2014BFSICM
The document discusses best practices for improving business environment across Indian states. It summarizes a study conducted by Accenture on this topic. The study identified six best practices: 1) Karnataka's integrated and comprehensive VAT management system, 2) Maharashtra's Labour Management Solution, 3) Maharashtra's Single Window Clearance mechanism, 4) Gujarat's land-related interventions, 5) Gujarat's e-Governance system for pollution clearance, and 6) single window clearance mechanisms in Rajasthan and Punjab. The document provides details on each practice, including the technologies used and key officials responsible. States are invited to share additional best practices to improve business efficiency.
"SATchain" - A Blockchain based solution for invoicing in Mexico Mayank Mudgal
A blockchain solution is proposed for improving Mexico's electronic invoicing system called CFDI. Blockchain technology could help achieve hyper-robustness, transparency, and complete regulation without third party involvement. It would eliminate payment processing outside the current CFDI system and provide full transparency through cryptocurrency. This solution aims to address challenges with the current CFDI system like invoice preservation requirements and the need for multiple steps to cancel or reissue invoices.
1) Uganda Registration Services Bureau is mandated to register businesses and intellectual property, conduct civil registrations like marriages, and collect non-tax revenue.
2) Prior to reforms, business registration in Uganda was unpredictable, lengthy, costly and complex, with no online services or linkages between agencies.
3) Reforms streamlined procedures, created a one-stop shop for registration, implemented online services, and established regional offices. Legal reforms updated company laws and increased the registrar's powers.
The state government of Maharashtra has been at the forefront in creating a conducive business environment that fosters globally competitive firms. Business reforms introduced both by the Central as well as the state government have played a critical role in India’s 30 spots improvement in the Doing Business ranking for 2018.
The State, under the Business Reforms Action Plan (BRAP) 2016, has implemented over 90 per cent reforms in 7 out of 10 parameters, including labour registration, utility connections, single window system, environment registration, among others. These policy reforms have significantly helped in the reduction in time and cost of doing business for the industry, thereby
establishing Maharashtra as one of the top investment destinations in the country.
This report provides the key highlights of the select initiatives on ease of doing reforms in Maharashtra. With a view to provide on-ground impact of these initiatives, the Report also captures industry views on various aspects of business reforms.
ICT-enabled delivery of G2B services: for transparent & productive Govt.-Busi...Cornelia_Amihalachioae
The document summarizes Moldova's efforts to transform government services through digital innovation and e-governance. It discusses how Moldova has merged technological modernization with public service reform by developing an e-government strategy, institutional framework, and key digital services and platforms. These include an e-services portal, digital signature, e-payments, cloud services, interoperability platform, and sector-specific initiatives in areas like taxes, customs, inspections, and business licensing. The goal is to streamline government processes, improve transparency and efficiency of services, and foster collaboration between government and businesses.
What is Saral Sanchar Portal? - Osp License / Compliance Consultant, Ozg Law,...Ozg India
The SARAL SANCHAR portal was launched by the Department of Telecommunications to simplify the license application process and ensure ease of doing business. It provides a unified, paperless, and secure platform for applicants to fill online applications and upload documents digitally. The portal aims to make the process more efficient and transparent by notifying applicants at different stages to ensure all requirements are met before final submission. It currently handles applications for Unified Licenses, Virtual Network Operators, and Other Service Provider registrations.
The document describes ACRA's Seamless Filing project which streamlines the process for Singapore companies to file statutory returns. It reduces preparation time from 9 hours to 35 minutes. Accounting software generates draft filings which companies can review and submit through a single authentication to both ACRA and IRAS. This promotes ease of transaction with government agencies and data quality by standardizing required data fields.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
The Impact of Generative AI and 4th Industrial RevolutionPaolo Maresca
This infographic explores the transformative power of Generative AI, a key driver of the 4th Industrial Revolution. Discover how Generative AI is revolutionizing industries, accelerating innovation, and shaping the future of work.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
Detailed power point presentation on compound interest and how it is calculated
sikkim EODB
1. Sikkim
This are the important supports need for anyone to build up the
investment climate
• Resources/Inputs
• Regulatory framework
• Incentives to Industry
• Physical and social infrastructure
2. • Getting electricity is an important factor in all kinds of business the Sikkim
is developing a separate website for getting electricity, till now they have
achieved online bill payment they are developing soon they will be option
for getting new connection through the website even.
https://sikkim.gov.in/departments/energy-and-power-department/new-
service-connection
• Paying Tax : Establish a helpline providing basic services such as assisting
users in preparing and filing returns under the State/Union Territory GST
Act
Advantage of doing business in Sikkim
3. • Protecting Minority Investors: Establish a specialized division/bench
under the High Court to hear commercial disputes
• Enforcing contracts: The contracts are infused in an online mode so that
there will be no physical signing is required
• Registering Property: Digitize cadastral maps of all rural areas in the
state.
• Trading across borders: there are many illegal trade happening in the
borders if they are regularized they can achieve an new business line
there.
• Facilitating infrastructure Sikkim is well connected by roads.
Telecommunication connectivity compares with the national standards.
Optical-fibre connectivity is being developed. Rail and air connectivity
are also being developed in the state.
Upcoming Contracts
4. BRAP unfulfilled reforms
BRAP 2019, DPIIT has proposed to undertake a 100% feedback based assessment area wise.
• Labour regulation enablers: This consists of reforms for factories. Like introduction of a provision for self-
certification /third party certification for boilers by persons having qualification, introduction of provision for
issuing Factory License and all subsequent renewals with validity of 10 years or more, eliminate the requirement
of inspection prior to registration under the Shops and Establishment Act and ensure that the registration is
granted within one day from the date of application etc. These were mainly for the relaxation of owners so that
can work without thinking about all the odds and also to settle relationship between company and govt.
• Access to Information and Transparency Enablers: Transparency and access to information are crucial in ensuring
access and participation, and can contribute to reducing or preventing corruption, clientelism and inefficiency.
Approval of plan and permission to construct/extend/or take into use any building as a factory, approval for
Boiler manufacturer and renewal thereof, registration of establishment under the Inter State Migrant Workmen
(RE&CS) Act, 1979 etc.
• Commercial Dispute Resolution Enablers: The act of solving disputes between business entities by methods
including negotiation, arbitration, mediation, and litigation. Establishing specialized division/bench under the
High Court to hear commercial disputes, specialized commercial courts to hear and resolve the commercial
disputes, ensure at least 90% of the vacancies in specialized Commercial courts been filled up, design and
implement a system that allows e-filing for commercial disputes in Commercial courts etc.
5. • Land administration and Transfer of Land and Property: This suggests the rules of land tenure are applied
and made operational. Land administration, whether formal or informal, comprises an extensive range of
systems and processes to administer. Digitizing cadastral maps of all rural areas in the state, integrating the
mutation process with the registration process and allow intimation of mutation as soon as the deed is
registered, provide model deed templates for sale, gift, lease, mortgage and rent in downloadable and
editable format along with instructions to use them, to design and implement a system that allows online
application and payment for submission and verification of document and mandate that all applications are
submitted online; were kind of reforms to be implemented.
• Inspection Enablers: These were decided on the basis of problems faced by companies in scheduling
inspections and conflicts between inspectors and companies. Reform build up goes as Design and develop
an online inspection platform for scheduling inspections, to ensure that selection of establishments for
inspection is done using risk assessments and to differentiate compliance inspection requirements based on
risk profile.
• Construction Permit Enablers: A building permit is an official approval issued by the local government
agency that allows to proceed with a construction or remodeling project on your property. It ensures that
the project plans comply with local standards for land use. Publish a well-defined inspection procedure and
checklist on department’s web site, design and implement a computerized system for identifying
building/area that needs to be inspected based on risk assessment, mandate online submission of
inspection report within 48 hours to the Department, design and implement a system for computerized
allocation of inspectors etc are some ways to enable easy construction permits.
6. • Single Window System: The single-window system is a trade facilitation idea. In simple words, it allows a user to get
sufficient information from one source. Ensure ‘Registration certificate of Establishment Inter State Migrant
Workmen(RE&CS)Act,1979 (License of Contractor Establishment)’ is provided as a service through the online single
window system facilitating the online application submission, payments, tracking of status, approvals and issuance of the
certificate(s), ensure `Registration under weights and measures, 1998` is provided as a service through the online single
window system facilitating online application, payments, tracking of status, approvals and issuance of the certificate(s),
ensure 'Consent to establish (under Water Act & Air Act)’ is provided as a service through the online single window
system facilitating online application submission, payments, tracking of status, approvals and issuance of the certificate(s),
ensure 'Consent to operate (under Water Act & Air Act)’ is provided as a service through the online single window system
facilitating online application submission, payments, tracking of status, approvals and issuance of the certificate(s) etc; are
some reforms which are to be implemented to facilitate secure and easy trade of information.
• Land Availability and Allotment: This reform is to design and implement a land allotment system that allows online
application and payment without the need for a physical touch point for document submission and verification and
mandate that all applications are submitted online, ensure that the system allows users to download the final signed land
allotment certificate from the online portal and allow third parties to easily verify the land allotment certificates in the
public domain.
• Environmental Registration Enablers: This reform was to allow for auto-renewal of Consent to Operate (under Water Act,
1974 and Air Act, 1981) based on self-certification/third party certification and ensure that majority of establishments
avail this provision and issue Consent to Operate with a validity period of 5 years or above. Also to design and implement
a system that allows online application submission, payment, tracking and monitoring without the need for a physical
touch point for document submission and verification and mandate that all applications are submitted online.
7. • Obtaining Electricity Connection: Ensure that the regulator publishes monthly or quarterly the data regarding
total duration and frequency of outages online in public domain, ensure that information on effective tariffs
are available online, and that customers are notified of a change in tariff ahead of the billing cycle and
implement a system that allows online application submission, payment and tracking of status without the
need for a physical touch point for document submission for new electricity connection and mandate that all
applications are submitted online. This would make getting electricity and paying off expenses very feasible
and easy. Sikkim receives most of its electricity from 19 hydroelectric power stations. Power is also obtained
from the National Thermal Power Corporation and Power Grid Corporation of India.
• Paying Taxes: Design and implement a system that allows online application submission, payment, filling,
tracking and monitoring without the need for a physical touch point for document submission and verification
and mandate that all applications are submitted online and also, ensure that the system allows user to
download the final signed approval certificate from the online portal.
8. • Three North Eastern states Meghalaya, Arunachal Pradesh and Sikkim is among three lowest rank holders
when it comes of Ease Of Doing Business in India even after having the edge of investment prospects in
organic products.
• Sikkim currently does not have a Companies Act, as after the repeal of the old Act, new Companies Act has
not been notified. It further noted that being an environmentally sensitive zone so the clearance cannot
be automatic as each issue needs a closer look.
• The land laws protect the interest of ethic community and any change of title requires approval at highest
level.
• According to 5th Employment Un-employment survey of Labour Bureau 2015-16, Sikkim has second
highest unemployment rate (after Tripura) of 18.1 per cent. This implies jobless growth in the State.
• According to reports in 2015, Sikkim was on the 27th rank and now has fallen to 33. This shows that the
reforms are not implemented or are not effective.
• In recent years, the government of Sikkim has extensively promoted tourism. As a result, state revenue has
increased 14 times since the mid-1990s. Sikkim has furthermore invested in a fledgling gambling industry
promoting both casinos and online gambling. The Playwin lottery has been a notable success in the state.
9. • Talking about the Performance Index, President Kovind said that India has improved by 10 points while in
Travel and Tourism Competitiveness ranking of World Economic Forum, India has reached 34th position from
52nd.
• Sikkim offers a great deal of tourism.
• Most investment opportunity that Sikkim can promote is in tourism and organic products.
• Tourists visiting the northeastern state of Sikkim shot up by nearly 77 per cent to 14.25 lakh during 2017, according to
the state’s tourism department.
Tourism
10. Limitation
• There are only four district and the population is 6.19 lakhs. So Sikkim
is not a big market there is less land resource for investors to do set
up any plant
• But for tourism investor it is a great area
• The government is not that cooperative because they are so ethnic
diversified state. There are so many Nepalis immigrated in large
number so there is always fight with the governments even after one
party forms the government.
11. Our Idea
• The Sikkim government should develop a one portal website for
everything all registration in a single website.
• Tourism should be given as contract to the private sectors there are
many investors ready to invest in the state and the registration of
land for that has to be made easy and it should be a fast process
• All the upcoming Idea should be implemented fast
• The population in Sikkim is increasing drastically so it’s a good time
for investors because they can get employees at low rate.