Head Held High (http://head-held-high.org) is a collective of everyday persons with intentions to eradicate poverty, by changing one life at a time. They empowers changemakers to create bold and enterprising visions to amplify their effect against poverty. Recently G R A N D M A R K & Associates supported them in one of their initiatives to further empower their
The first Union Budget delivered by the first women Finance Minister was amidst uncertainties over economic growth, revenue short-fall resulted after demonetisation and introduction of GST, rising global uncertainties and muted expectations from the public at large. The overwhelming majority in the Election 2019 by NDA may have raised the expectations from the public at large for a big bang
GST is planked as a “One Nation One Tax” which is a misnomer in many ways. First of all we have come out with a dual system of GST where every transaction will suffer two Taxes, being CGST and SGST, when a transaction is done Intra-State, and IGST in case of an Inter-State transaction.
Then came the wave of specialised IT audits who could open the black box and identify numerous new risks associated with the complex workings inside the servers, computers and applications used. The financial/operational auditor could never really understand these risks and full reliance was placed the IT auditor.