Month: April 2022

Win or endure? Choose advisor based on goal

A good coach who is coaching you to complete the marathon (not win it) may appear counter intuitive by asking you not be happy about the quick completion of a 10 km practise run quickly or be dejected because you got breatheless when you navigated a uphill stretch during another practise stretch. The coach may instead ask you to concentrate on the speed at which the heart rate returns to normal after the practise run. Similarly an Investment advisory coach helps you ignore the short term gains or losses while working out the right metric to monitor while completing your exercise. Harsh’s article in todays Business Standard on “Why to have a coach who does not help you win”.

Big Data can at times spell trouble for taxpayers

The tax departments initiative to harness the power of big data and automation has already provided several benefits to taxpayers. These steps that reduce tax evasion and make life simpler would , in the normal course, have been welcomed by the honest tax payers. It has already speeded up return processing and issuance of refunds. In the normal course therefore honest taxpayers would welcome this initiative if only…… the implementation process was smoother and the tax department officials attitude was not misaligned (they view taxpayers as evaders unless proven otherwise) with the finance ministers stated view of trusting tax payers unless proven otherwise. Harsh’s article in Business Standard today gives specific examples of the Tax officials misaligned attitude and the smaller implementation issues besides the bungled introduction of the new portal.

Scroll to Top