Monday, 8 January 2018

Impact of GST and Digital India on Indian SMEs

There are many sectors where we can have the amazing impact on goods and services tax (GST) and digital India programme. A study said that these programs are meant to support Indian economy and making all the transaction legal and transparent. Providing basic infrastructure to all type of SMEs is a big task that has to be performed by the government to have full-fledged digital India. We may have different types of benefits of GST on Indian SMEs like launching a new business becomes easier, the entire process of taxation becomes simpler, reduced cost of logistics, the distinction between goods and services will be eliminated, increased threshold limits for new businesses etc. On the other side, GST also has some demerits like multiple registrations for Pan-India businesses, returns must be filed on a monthly basis, cost of tax compliance is likely to increase, registration will be mandatory for e-commerce suppliers and operators etc. Overall, we should appreciate the GST bill that has simplified the entire process of filing and paying taxes. We can expect in future it will also increase the competition between SMEs by unifying the Indian market. If you’re proactive and take care of your GST compliance measures beforehand, you can minimize the potential negative effects of the new regime on your business. In the long term, GST is expected to have a positive impact on SMEs and the Indian economy as a whole. Irrespective of the bright side of GST, SMEs must be mindful of its accompanying challenges such as an increase in compliance costs and alignment of IT systems with new processes. Thus, for the SMEs, GST throws a mixed bag of opportunities and challenges to explore. So we can say that GST and Digital India programme, it’s a revolutionary initiative but a huge effort needs to be done to make it a success. If Indian SMEs performing cash transaction only and not following digital India programme then we also consider that cash transactions have their own drawbacks - there is a lack of transparency, need extensive bookkeeping work and reconciliation of cash takes time. Also, there is room for errors due to extensive manual work involved. Business processes take more time to complete the physical movement of cash takes time, and this can impact cash inflow drastically - a pain area for small businesses. There are many benefits of cashless/digitization of Indian SMEs likes Faster, Safer Payment Cycles, Legal Implications, Operational Efficiency, Wider Marketing Avenues etc. Indian SMEs may refer net banking/ account Transfers, Plastic Money, Unified Payments Interface (UPI), Aadhaar Payment App, E-Wallets, Point of Sale (POS), Machines Launch Your Store Online and much more e-commerce activity can be added to support Indian SMEs.

Mr. Pramod Pandey 
Assistant Professor
Dept. of Management Studies

Postmodernism : Social Issues and Patterns in Film Innovation

The movie business as we most likely am mindful it today began in the mid nineteenth century through a movement of imaginative enhancements: the arrangement of photography, the exposure of the dream of development by solidifying solitary still pictures, and the examination of human and animal speed. The history showed here begins at the flawlessness of these creative headways, where the likelihood of the film as a media outlet at first rose. Starting now and into the foreseeable future, the industry has seen extraordinary changes, some controlled by the imaginative dreams of individual individuals, some by business need, and still others unexpectedly. The verifiable scenery of the film is unusual, and for each indispensable trailblazer and advancement recorded here, others have been overlooked. Regardless, in the wake of examining this region you will understand the wide twist of the headway of a medium that has gotten the inventive capacities of gatherings of spectators worldwide for over a century.

Movies Reflect Culture

The relationship among movies and culture incorporates a caught component; while American movies emphatically affect the mass culture that exhausts them, they are in like manner a vital piece of that culture, a consequence of it, and thusly an impression of winning concerns, perspectives, and feelings. In thinking about the relationship among film and culture, it is basic to recollect that, while certain rationalities may be dominating in a given time, not only is American culture as different as the masses that shape it, in any case it is furthermore continually hinting at change beginning with one period then onto the following. Standard motion pictures made in the late 1940s and into the 1950s, for example, reflected the conservatism that overpowered the sociopolitical fields of the time. In any case, by the 1960s, a reactionary youth culture began to rise in opposition to the overarching associations, and these mutinous points of view soon found their course onto screen—far from the manners most customarily addressed only a few years earlier.

In one sense, movies could be depicted as America's storytellers. Not only do Hollywood motion pictures reflect certain consistently held perspectives and feelings about being American, yet they similarly delineate contemporary examples, issues, and events, filling in as records of the circumstances in which they were made. Consider, for example, motion pictures about the September 11, 2001, fear based oppressor ambushes: Fahrenheit 9/11, World Trade Center, Joined 93, and others. These motion pictures wound up noticeably out of an essential event of the time, one that charmed the consciousness of Americans for a significant long time after it happened.

Filmmaking is both a business and amazing meander. The current money related condition in the film business, with extended creation and advancing costs and lower get-together of individuals turnouts in theaters, frequently sets the standard for the motion pictures tremendous studios will place assets into. In case you inquire as to why theaters have released such a substantial number of changes and turn offs of late, this region may help you to fathom the awakening segments behind those decisions

The Effect of New Development

New developments have a noteworthy impact, in travel motion pictures are made, and additionally on the fiscal structure of the film business. Right when VCR advancement made on-ask for home movie seeing plausible shockingly, makers expected to conform to a developing business sector. The present change to cutting edge advancement similarly addresses a vital turning point for film. In this portion, you will make sense of how these and distinctive advances have changed the substance of silver screen.

Effects of Home Fervor

The chief development for home video recording, Sony's Betamax tapes, hit the market in 1975. The contraption, a joined television and videocassette recorder (VCR), went with the high sticker cost of $2,495, making it an indulgence still exorbitantly expensive for the typical American home. Following two years, RCA released the vertical helical yield (VHS) game plan of recording, which would over the long haul outperform Betamax, however neither one of the gadgets was yet a notable purchaser thing. Inside a long time regardless, home movie recording and study was beginning to get on. In 1979, Columbia Pictures released 20 films for home overview, and following a year Disney entered the market with the at first affirmed video rental game plan for retail stores. By 1983, VCRs were still for the most part incredible, found in just 10 percent of American homes, yet inside 2 years the contraption had discovered a place in right around 33% of U.S.

The Optical Circle Structure

In 1980, around the time when customers were as of late purchasing VCRs for home use, Pioneer Equipment introduced another advancement, the Laser Plate, an optical amassing circle that conveyed higher quality pictures than did VHS tapes. In any case, by virtue of its broad size (12 sneaks in separate over) and nonappearance of recording capacities, this early plate structure never got the chance to be unmistakably celebrated in the U.S. publicize. In any case, the LaserDisc's successor, the progressed versatile plate (DVD) was a substitute story. Like LaserDisc, the DVD is an optical accumulating circle—that is, a device whose encoded information takes after a twisting case on the plate's surface and can be examined when lit up by a laser diode. In any case, not at all like the basic sorted out LaserDisc, the DVD's information amassing is out and out cutting edge, mulling over a humbler, lighter, more stuffed medium.

The primary DVDs were released in stores in 1997, awing customers and distributers with their different great conditions over the VHS tape: more sharpened assurance pictures, conservativeness, higher strength, natural one of a kind components, and better copy security. In only a few years, offers of DVD players and plates beat those of VCRs and chronicles, making the DVD the most immediately got buyer equipment result ever.

Mr. Anish Saxena
Assistant Professor
Dept. of Communication Studies