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GST relaxation for SMEs and more regulatory reforms for FinTech Sector from Budget 2024 : Optimyze Finance LLP

By Kanika Bali As the eagerly awaited Interim Budget 2024 approaches, businesses of all sizes, from individuals to industries, are holding high expectations from the government. “Among them, Small and Medium Enterprises (SMEs) are particularly hopeful for significant relief, primarily in Goods and Services Tax (GST) provisions”, says Kanika Bali, Partner, Optimyze Finance LLP, a new age professional services firm based in UK and India. “A key demand from the SME sector is an increase in the minimum revenue threshold for mandatory GST registration. Experts suggest raising it from Rs...
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Extending EV batteries lifespan: Challenges and solutions

By Gunjan Malhotra The transportation sector, second-largest greenhouse gas emitter, is aiming to reduce environmental impacts. The market for electric vehicles has grown significantly in the past five years, driven by customer preference for zero-emission vehicles, particularly electric scooters. Despite the COVID-19 pandemic impacting vehicle production, overall sales volumes remained positive. The market for all electric vehicles is expected to grow from $388.1 billion in 2023 to $951.9 billion by 2030 at a 13.7 per cent CAGR. The electric vehicle (EV) battery is crucial for long-term performance and efficiency, and...
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The digital boom in education: A year of advancements in technology

By Nirvaan Birla   Reinventing Education: 2023's Top Trends in Education   The incorporation of technology has resulted in a dramatic shift of the educational landscape. It has changed the way that kids learn inside of classroom settings. The introduction of personalised learning is one significant change that has schools taking notice. Using specialised teachers who attend to the particular needs of each student, this method customises educational experiences for each student.  Artificial intelligence (AI) emerges as a formidable ally in the field of education, functioning as a sort of...
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