corporate sector
Coverage of corporate sector in the Nexus archive.
- Making one’s way
A recent English literature graduate sought career advice for transitioning into the corporate and development sectors, leveraging her analytical and communication skills. Despite lacking specific 'job-ready' skills, her strong communication and reflective thinking led to a job offer. The article emphasizes that quality of learning and language skills matter more than undergraduate specialization for job readiness.
- Politics over tax reform
The government introduced a 'small trader scheme' offering a 1% voluntary turnover tax for retailers with annual sales up to Rs200 million, criticized as a political compromise that avoids documentation requirements like audits and digital invoicing. Critics argue it entrenches cash-based practices and widens the tax base distortion, as the corporate sector contributes disproportionately to tax revenues despite representing only 6% of GDP.