Sethurathnam Ravi – Articles
Sethurathnam Ravi (S Ravi) is the Founder and Managing Partner of Chartered Accountants’ firm Ravi Rajan & Co., an advisory and accountancy firm and former Chairman of Bombay Stock Exchange Limited (BSE) between November 2017 and February 2019
This budget has something for all sections even as it walks the path of fiscal consolidation The focus of the budget 2023 is pro-growth. It has a long-term vision. It has also been described as an “Amrit Kaal” Budget. The Budget allows free cash availability and pushes employment generation which will give an impetus to …
The 2023 Budget is the last full-year budget before the general elections in 2024. The Indian government has a challenge on hand: with global recession knocking at our doors, global GDP growth is expected to slow down to 2.7% in 2023, and not to forget our own fiscal deficit which is projected to be 6.4% …
Few key recommendations for personal taxes that Budget 2023 should consider Read More »
The fraudsters succeed on account of customer’s need for rewards or better returns, increased spending limits, saving while spending and most importantly, carelessness as we seem to have forgotten what our elders taught us that Never Trust Strangers and Greed causes great Disaster. The advancement of technology, increased usage of digital platforms and mobile becoming …
Customer To Remember Mantra “Never Trust A Stranger” To Avoid Getting Defrauded Read More »
RBI has recently launched a pilot for its digital rupee – a first step towards CBDC. However, there is a way to go before a full acceptance and leveraging of the blockchain ecosystem is achieved. This is a once in a generation opportunity for India to be a world leader, and the question is whether …
It was a proposal made in October 2021 by the RBI to the government, which set India on the path of becoming one of the largest economies in the world to use a CBDC (Central Bank Digital Currency). The central bank had recommended that the RBI Act, 1934, be amended to broaden the ‘banknote’ definition …
Impact of CBDC on the financial system and economy of India Read More »
The government believed that a streamlined tax system and a single market would increase operational effectiveness, particularly for MSMEs According to the Ministry of Micro, Small, and Medium Enterprises, there were more than 7.9 million MSMEs in India as of March 27, 2022. These enterprises account for more than 29 per cent of the GDP …
Fintech, like most emerging technologies, and as one of the key verticals in the startup ecosystem, can be a game changer for India The world over fintech has been designed to be innovators and technology leaders. However in India as with all innovation, fintech has been viewed as a dated system and a historic roadblock …
Fintech Needs Regulation – But With A Dash Of Futuristic Thinking Read More »
By S. Ravi, Former Chairman of BSE Fraud applications have been a menace to many users who have lost money unknowingly. They are fake applications that are mirrors of legitimate applications available on the market. Fraudsters and scammers create applications to induce people to use them. These applications could be similar to popular applications to …
How to protect yourself from fraudulent app scams Read More »
The world is witnessing innovation and evolution in the financial sector at a pace never seen before – and it is being driven by fintech. India is one of the leading frontiers in this. Among all domains, banking and financial services have always been at the cutting edge of adopting technology – even as regulations …
Next Big Thing In The Future Of Finance – Fintech Revolution Read More »
All financial products come with a statutory warning to read while buying them. For IPOs, the buyer should read the prospectus that discloses the risks associated with the company before deciding to invest. It is raining IPOs, with over three dozen companies accessing the primary market for raising funds in this financial year. The interest …