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A NEW DATA PRIVACY LAW

Data is the life-blood of today’s digital economy and is driving new businesses that challenge conventional wisdom about markets. With the proliferation of smart-phones, every tap creates a digital footprint: valuable information that can be exploited by companies to generate everything, from customer preference to consumption patterns. Critically, the traditional notion of data being merely sensitive personal information is now being challenged as companies are also exploiting real-time data generated from daily activities such as one’s route preference whilst booking cab rides using an app. Even Government’s drive to digitise India on the back of initiatives such as JAM (Jan Dhan-Aadhar-Mobile) and the increased focus on digital payments is fuelled by data. As dependence on data continues to grow, so does the vulnerability of data subjects. Hence, any debate on data privacy must recognise the need for a comprehensive data privacy law, which not only contributes to and complements

Bharat Stage 'BS' Emission Norms Explained, What does it mean and how does it Impact

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Bharat Stage Emission Bharat Stage Emission standards are emission standards instituted by the Government of India to regulate the output of air pollutants from internal combustion engine equipment, including motor vehicles. The standards and the time line for implementation are set by the Central Pollution Control Board under the Ministry of Environment & Forests and climate change. The standards, based on European regulations were first introduced in 2000. Progressively stringent norms have been rolled out since then. All new vehicles manufactured after the implementation of the norms have to be compliant with the regulations.Since October 2010, Bharat Stage (BS) III norms have been enforced across the country. In 13 major cities, Bharat Stage IV emission norms have been in place since April 2010 and It's enforced for whole country from April 2017. In 2016, the Indian government announced that the country would skip the BS-V norms altogether and adopt BS-VI norms by

What is SGST, CGST & IGST ?

Goods & Service Tax or GST will be levied on goods and services. It will replace all the various taxes and bring them under one umbrella to make compliance easier. It will replace the following taxes: (i) Taxes currently levied and collected by the Centre:  Central  Excise duty  Additional  Duties of Customs (commonly known as CVD)  Special  Additional Duty of Customs (SAD)  Service  Tax AND (ii) Taxes currently levied and collected by the State:  State  VAT #Central Sales Tax  Entertainment  and Amusement Tax (except when levied by the local bodies)  Taxes  on lotteries, betting and gambling *Why are we getting 3 taxes -SGST, CGST, IGST*? India is a federal country where both the Centre and the States have been assigned the powers to levy and collect taxes. Both the levels of Government have distinct responsibilities to perform, as per the Constitution, for which they need to raise resources. A dual GST will, therefore, be keeping with the Constitutional requirement of fisca

Knowledge is Power

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Francis Bacon said Knowledge itself is power. Knowledge is the awareness of a fact or a situation. It is a rich and a unique possession that cannot be stolen or plundered. Knowledge doesn't decrease when it is given. In fact, knowledge is power. Our knowledge is the amassed thought and experience of countless human beings. Those who have wide-range of knowledge and experience can capture power and influence. The possession of knowledge gives them a distinct advantage over the semi educated people. Half knowledge is regarded as ‘the curse of god’ and also it is worse than ignorance. The growth and survival of mankind depends upon knowledge. From the Stone Age till date, man has struggled to know the unknown. He explored land, water and space by virtue of his knowledge. Man has made progress in all fields starting from science, technology to arts etc. At the dawn of civilization, man was at the mercy of nature. He lived the life of a nomad. He invented tools and weapons for h