One nation, one KYC: Sebi shows the way
KYC prevents fraud and keeps money trails traceable, but poor implementation turns it into a hassle. India has the digital tools—what’s needed is portability, verification, and strict enforcement.
NPS
How tax systems penalise even honest taxpayers
The digital tax era promised simplicity, but ended up doubling the burden. Joint holders—added for ease—now face notices, penalties, and faceless assessments. India needs a statutory Taxpayer Rights Ombudsman, like the US, to protect honest taxpayers from systemic flaws.
Allow gig workers to choose between EPF and NPS
“The contrast becomes starker when compared to the National Pension System (NPS). The difference between EPFO and NPS is more than administrative — it is philosophical. While EPFO prescribes, NPS enables. EPFO casts itself as a custodian expected to act in the subscriber’s best interest, even at the cost of their agency. In contrast, NPS treats individuals as investors with choice, control and accountability.”
— Harsh Roongta, Truth Be Told column