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Showing posts from February, 2018

Finance in Digital World: VGNC Perspective

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The finance sector has started to shift in the dramatic and dynamic waywith the launch of ‘ Digital India ’ Initiative of the Government. The situation, however, is a little bit confusing as the digitization is sudden yet profound. “India is stepping into the future of finance along with the world. And the future is – digital. We need to keep up with it.” – VGNC team It may seem futuristic but at the threshold of the whole process – alignment is missing in reality and conception. The finance leaders and experts across the world are redefining the traditional structure and are slowly adopting the existing technologies of modern times. Business advisories are experimenting with exponential technologies to keep up with the digital dexterity. We, at VGNC,  have identified key trends to assist our client to transcend into the digital world and to define the future of finance. For easier and smoother adoption of technologies, it is important to contextualize the whole

E-Litigation Portal by VGNC: Online Model to Resolve Compliance Issues

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In current Indian scenario, businesses have to operate in a dynamic market with increasing participation of technology. Under these circumstances, legal and regulatory framework are also changing rapidly and call for a robust compliance. As the industry is evolving, so are laws.   Latest in line is the proposal of e-assessments under Income Tax Law. And to keep up with this evolving industry, business need to rely on real-time compliance for effectivity. ‘Digital India’ Initiative and global reforms are bringing the focus on acceleration in the completion of the process . With the digitization of various processes, it is quite easy to achieve the fast pace in different vectors of business procedures and advisory. When it comes to litigation, business has to face a dead end as litigation cases often come out to be time-consuming. Much of management’s time is consumed by the uncertainty of action and roaming around to look for right guidance. This is not only a waste of tim

Union Budget 2018: Expert Analysis by VGNC

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Union Budget 2018: Expert Analysis by VGNC Vipin Garg gives a crisp analysis of union Budget 2018; discusses positives and negatives and explains why he feels the Budget will thrust the world’s largest democracy ahead on its agenda of growth. Amidst the usual speculation of budgetary reforms, the expectation of common people and the world at large looking forward to the budget of one of the fastest growing economy, the finance minister presented the Union Budget 2018 . Abstaining from all the temptation to make union budget a mirror of recent USA tax reforms, the Finance Minister presented a budget that was more focused on promoting the aspirations of New and Growing India and consolidate gains. “The highlight of Union Budget 2018 being the rural economy, agriculture, healthcare, infrastructure and MSMEs was not a surprise at all. It was evident that the finance minister will aim for bullseye by laying a robust foundation for growing economy to stand on and push the ec