Bizsol Thinkline

On 14th of April, just a few days back we celebrated the birthday of Babasaheb Ambedkar. That was an occasion for all of us Indians to look back on his life and times. Ramachandra Guha, the contemporary historian had revisited the book Annihilation of Caste written by Ambedkar. The primary source for doing this exercise …

Article on ‘Cast Away the Caste System- When Dr. B.R. Ambedkar Made a Clarion Call to the Society to Reform Itself’ by CS Venkat R. Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd. (May 2023) Read More »

“The first rumbling against the growing influence of AI could be heard from none other than the modern-day patron saint of technology Elon Musk.”.   Yuval Noah Harari is famous as a historian and as a modern-day philosopher. That is only a small part of his bio data. For those who have had a chance …

From the Desk of Chairman (May 2023) Read More »

Highlights of the Maharashtra State Budget 2023 Amnesty Scheme, 2023 for Goods and Services Tax Department announced This Amnesty Scheme will be called as ‘Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2023’. This Scheme is applicable on various taxes levied by GST Department before introduction of GST Act and duration …

Highlights of Maharashtra State Budget 2023 (April 2023) Read More »

Analysis of Foreign Trade Policy 2023 The new Foreign Trade Policy effective from 01st April 2023 is announced on 31st March 2023 with the focus of achieving the dream of meeting export target 2 trillion-dollar exports by 2030 out of which 1 trillion dollars through merchandise trade. Despite covid pandemic and volatile geopolitical situation in …

Foreign Trade Policy 2023 dtd 31st March 2023 Read More »

THE END GAME OF A MARQUEE BANK FOR STARTUPS THE COLLAPSE OF THE SILICONE VALLEY BANK – CAUSES & CONSEQUENCES In the startup ecosystem one of the most critical components is the support needed in the form of finance, however viable your projects and proposals appear to be on paper. This is a truism that …

Article on “The End Game of a Marquee Bank for Startups” by CS Venkat R Venkitachalam, Founder, Bizsolindia Services Pvt. Ltd. (April 2023) Read More »

Around the world, we find with alarming regularity, the rise of autocrats who have no concern for, nor do they feel the necessity of, following democracy.  When countries are ruled by such despots it gives rise to a number of intractable problems. The primary one is how to brand one an autocrat without being subjective …

From the Desk of the Chairman (April 2023) Read More »

After 5 years of introduction of GST, in spite of the provisions in the section taxpayers had to approach Hon. High Courts of respective Jurisdiction, since there were no alternative remedies available to the taxpayer in absence of formation of Appellate Tribunal and benches thereof. Subsequent to Madras High Court decision in the case of …

Blog on “Major Relief to Reduce the Litigation under GST” by CMA Ashok B Nawal, Founder of Bizsolindia Services Pvt. Ltd. (April 2023) Read More »

The Beginning: When a child was born to Shantaben Adani and Shantilal Adani on 24th June 1962, they named the boy Gautam.  Presumably the naming was a clear recognition of a venerated godly figure born in India and went on to become famous around the world as Gautam Buddha.  The child, thus named Gautam Adani …

Article on ‘The Adani Saga – The Tumultuous Journey Of A Chequered Indian Entrepreneur In The Days Of Neoliberalism’ by CS Venkat R Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd (February 2023) Read More »

Late Babasaheb Thackeray and his extended family have always considered Maharashtra as the family’s acquired inheritance (legitimate or otherwise) and have ruled it with or without monarchical salutations. Even when Shiv Sena won the elections for the Legislative Assembly, Babasaheb considered it below his dignity to become the state’s Chief Minister.  He did not want …

From the Desk of the Chairman (March 2023) Read More »

I have been following the Budget exercises for donkey’s years. One should admit that this exercise has over the years transformed itself from a mundane event to a grand celebration of sort. However, it now deserves simply to be a non-event, particularly after the introduction of GST. In the Budget exercise secrecy may matter, but …

Article on ‘The Central Budget and The Attendant Hoopla and Hubris’, by CS R. Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd. (February 2023) Read More »

Bizsol Update wishes all its readers a Happy and Prosperous New Year! The world has seen a number of wars. But none is as confusing as the Ukrainian war that is about to complete one year. For many a man in the world this war is more mysterious and confusing than any other, in living …

From the Desk of the Chairman (January 2023) Read More »

Hindustan Unilever Ltd., (HUL for short) while announcing the quarterly results recently also announced an increase in the royalty payments to its UK based parent company. During the press conference the company also informed that HUL has decided to pay an increase in royalty to its parent company from 2.65% to 3.45% till 2025 in …

From the Desk of the Chairman (February 2023) Read More »

It had to happen someday. And it has. The all-knowing Google needed a wakeup call, possibly. It just happened and how. Arguably, one of the most talked about disruptions has happened ironically in the backyard of the Guru of the knowledge world – the Google. Next time you find the need to write a simple …

Article on ‘ChatGPT – WHAT THE HELL IS IT?’ by CS Venkat R.Venkitachalam, Chairman, Bizsolindia Services Pvt. Ltd. (January 023) Read More »

GSTR 9 is an annual return to be filed yearly by taxpayers registered under GST. It consists of details regarding the outward and inward supplies made/received during the relevant financial year under different tax heads i.e. CGST, SGST & IGST and HSN codes. It is a consolidation of all the monthly/quarterly returns (GSTR-1, GSTR-2A, GSTR-3B) …

Article on ‘GSTR-9 & GSTR-9C – All aspects, Mandatory & Optional Tables for FY 2021-22’ by CMA Amit Devdhe, Sr. Advisor, Bizsolindia Services Pvt. Ltd. ( December 2022) Read More »