Please enable JavaScript.

Coggle requires JavaScript to display documents.

Business Environment - Coggle Diagram

- - - - Redefined role of public sector
      - Emphasized planned disinvestments
      - Referral of loss-making/sick enterprises to Board of Industrial and Financial Reconstruction
- - - - Trade liberalization
      - Import liberalization
      - Export promotion
      - Rationalization of tariff structure
      - Reforms in foreign exchange
  - - - Increased interaction and interdependence
      - Overcoming barriers (physical, political)
      - Business serving distant markets
- - - - Totality of forces
      - Specific and general forces
      - Inter-relatedness
      - Dynamic nature
      - Uncertainty
      - Complexity
      - Relativity
- - - - Ceasing legal tender of 500 and 1,000 notes
      - Aim: Curb corruption, counterfeiting, black money
      - Invalidated 86% of money in circulation
  - - - Depositing declared income in banks
      - Paying taxes on black money
    - - Non-tolerance of tax evasion
    - - Deposits in banks as a base for loans
    - - More savings through formal financial system
        
        Improved tax compliance
        
        Arguments for and against digital transactions