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Rakshit, Pushpendu
- A Comprehensive Study on Rapid Adoption of Digital Payments Amid COVID-19 Crisis in Mumbai
Abstract Views :371 |
PDF Views:193
Authors
Affiliations
1 DGET, Research Scholar, Singhania University, Rajasthan, IN
2 Faculty of IT and Management, ABS, Mumbai, Academic Researcher, IN
1 DGET, Research Scholar, Singhania University, Rajasthan, IN
2 Faculty of IT and Management, ABS, Mumbai, Academic Researcher, IN
Source
AMBER – ABBS Management Business and Entrepreneurship Review, Vol 11, No 2 (2020), Pagination: 27-36Abstract
Demonetization decision coupled with government’s initiative to make India a cashless economy is expected to bring a phenomenal transformation in the way people make payments and expected to increase inclination towards online payment. The covid-19 pandemic has expedited the shift towards digital payments, increased digital channel adoption, and spurred consumer interest in savings and safer investments in India. Anxiety of spread of virus made physical transactions almost crashed; the digital payments in India have witnessed an exponential spike in the last few months of lockdowns. Among the various modes of online payments, the mode gaining popularity during present time is E-wallets. In a nation such as India where during COVID-19 crisis larger part of venders / customers favors Cash-On-Delivery, thus emphasizing increasing adoption rate. This generates research interest to study the readiness of people to use E-wallets and factors influencing the adoption of E-wallets including the factors refraining the usage of it, during the crisis epoch. This research paper is explorative by nature and aimed at examining the adoption of E-wallets as a mode of payment in Mumbai City, India based on literature review as a part of doctoral study.Keywords
Smartphone Users, Digital Payment, E-Wallet, COVID-19 Crisis.References
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- Shin D.H. (2016). Towards an understanding of the consumer acceptance of mobile wallet. Elsevier, 1343-1354.
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- Shin D.H. (2009, July). Towards an understanding of the consumer acceptance of mobile wallet. Elsevier, 1343-1354.
- Upadhyaya A. (2012, March). Electronic Commerce and E-wallet. International Journal of Recent Research and Review, I (1).
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- An Analysis of GST in India Amid COVID-19 Crisis – A Review of Literature
Abstract Views :273 |
PDF Views:171
Authors
Affiliations
1 DGET, Research Scholar, Singhania Univerrsity, Rajasthan, IN
2 Faculty of IT and Management, ABS, Mumbai, Academic Researcher, IN
1 DGET, Research Scholar, Singhania Univerrsity, Rajasthan, IN
2 Faculty of IT and Management, ABS, Mumbai, Academic Researcher, IN
Source
AMBER – ABBS Management Business and Entrepreneurship Review, Vol 11, No 2 (2020), Pagination: 44-51Abstract
There is mixed response, inexplicit, arguments and opinions among the Manufactures, traders and society about the Goods and Services Tax (GST) to be implemented by Government of India from 1st April 2017. Various news organizations from all around the world focused on the bill unifying the country and it being an achievement of the government. As the Goods and Services Tax Bill was passed in the Rajya Sabha, it also brought India at the center of the global economy. With the passing of the bill, many international newspapers published their views on how the GST Bill brings a new wave of economic reform in the country. The paper highlights the background, Prospectus and challenges in Implementation of Goods and services Tax (GST) in India. Finally, the paper examines and draws out a conclusion. However, there was a huge hue and cry against its implementation and mixed response, inexplicit, arguments and opinions among the Manufactures, traders and society about the GST (Borec,2013). It would be interesting to understand why this proposed GST (Gelardi, 2013) regime may hamper the growth and development of the country. There have been great loses to Government due to pandemic as most of the citizens could not make up to pay taxes and thus Government to provide special relaxations. The paper highlights the background, Prospectus and challenges in Implementation of Goods and services Tax (GST) in India.Keywords
Rajya Sabha, Global Economy, Navi Mumbai, Restaurants, Goods and Services Tax.References
- Bird Richard M. The GST/HST: Creating an integrated Sales Tax in a Federal Country.
- Empowered Committee of Finance Ministers First Discussion Paper on Goods and Services Tax in India,The Empowered Committee of State Finance Ministers, New Delhi, 2009.
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