How This "Mother Of Orphans" Shaped The Lives Of Over 1500 Children

How This Woman Single-Handedly Shaped The Lives Of Over 1400 Orphans

Today, the 1st of May marks the day we celebrate as International Workers’ Day or Labour Day dedicated to the working class across a majority of the world. The origin of this day can be traced back to the Haymarket affair at Chicago on 4 May 1886 when labour unions in the USA went on a strike to cap the work hours to 8 hours per day. Following a bomb blast during the strike, the police opened fire on the crowd resulting in the death of 4 of the demonstrators. Labour Day began as a day to commemorate the work and lives of these workers. By 1891, May Day came to be acknowledged as an annual international event. In fact, India saw its first Labour Day celebration on 1 May 1923 in Madras (Chennai) by the Labour Kisan Party of Hindustan. While our history is rife with exemplary people who have beaten all odds to achieve the impossible, this Labour Day we at KredX salute the silent fighters who support these exemplary people and who’ve made their mark in this work through their tireless work and undying spirit. One such person is Sindhutai Sapkal, the “Mother of Orphans” to over 1400 children.

Would Apple Setting Up Shop In India Do Good For The SME Industry?

Would Apple Setting Up Shop In India Do Good For The SME Industry?

Tech giant, Apple Inc.’s plans to set up an iPhone SE manufacturing plant in Bengaluru is still in talks. The iPhone maker’s request for tax relief and exemption from customs duty on imported components and equipment for 15 years is being looked into by the Ministry of Commerce and Industry, and the Ministry of Finance. The PMO is expected to make the final decision about the proposal, though it is expected to be a favorable one. If Apple has its way, would it have a positive impact for the country and the SME industry in particular?

Should India Press For A Unified GST Tax Rate?

Should India Press For A Unified GST Tax Rate?

On 19 December 2014, the Goods and Service Tax (GST) Bill was introduced in the Parliament for the first time. GST promised a unified market and an unparalleled economic growth that India had never witnessed before. But amidst all that, the idea of GST in the years since it was first introduced, underwent multiple changes at the hands of bureaucratic committees. It is common for reforms of this magnitude to be debated over and continuously evolve, but will the decision to introduce six different tax rates instead of a single tax rate dilute the effect of GST?

4 Ways To Not Be The Next 'Big Time' Economic Offender

4 Ways To Not Be The Next ‘Big Time’ Economic Offender

It’s common knowledge that businesses face cash crunches and issues with capital from time to time. With money issues comes a myriad of other issues that may lead to defaulting of loans and economic offences. Such issues can come knocking on your door anytime, whether you are a seasoned businessman or a first time entrepreneur. And nobody wants to find themselves tagged as a “big time” economic offender. So what can you do to ensure that you don’t find yourself in such a situation?