Editor ’ s Letter
Continuity And Change
Right Balance
Planning child ’ s future is learning to strike the right balance of hope and investment
ARINDAM MUKHERJEE arindam @ outlookindia . com
Continuity and change seldom walk together and are often considered opposite to each other . Yet both are essential requirements in life to have stability as well as development . While continuity is required to maintain healthy traditions and conventions as also good practices , change is an essential element that helps delve into the new and the uncharted and move forward towards newer horizons and scale new frontiers .
Having spent over two decades in Outlook Publishing , I have been a witness to both continuity and change . I have seen regimes changing and the publication evolve over time . Needless to say , in my new innings with Outlook Money , which itself has scaled over two decades in the financial world , I will stand fiercely for continuity , for old traditions and old values that the Outlook Group has always stood for and steadfastly fought for .
At the same time , as the time demands , and with the print media itself going through turmoil with the advent of digital and now mobile , I will also stand for change – to break new frontiers and get into newer areas that would appeal to the new and old at the same time . To focus on newer areas that are more relevant to today ’ s youth , the millennials and the conventional investor , and to look for new ways to help them channelise their money for maximum benefit .
Indeed it is a tough job to bring these two together and still stand tall . But I can promise that I will try and give it my best .
To begin with , we have started to give the magazine a newer look – in its pages , in regular sections and in columns . This change will be gradual and not a rude shock . And we will move further as we get your feedback . And we will change more , more to your liking . We will also work on content – to make it more relevant to our readers , more useful and more informative . We will make the magazine , a people ’ s magazine that will take along with it , the small investor as well the evolved one and look at bringing in something for everyone . With the current issue , we seek to make a humble beginning .
The goods and services tax ( GST ) has been a buzzword of late . In its first anniversary , it makes sense to look back and do an introspection to feel the pulse of the people and how it has affected all of us , in small , big or varied measure . How it has affected family budgets and the average businessman . Our lead story by M Rajendran , Yagnesh Kansara and Suyash Desai looks at the many aspects of GST and how it has panned out in various sectors and how it has performed , its hits and misses . While GSTN chief Ajay Bhushan Pandey takes us through the journey of GST over the last one year , GSTN ministerial panel chief Sushil Modi gives us a first-hand account of how it was done and how the government pulled off the biggest tax caper in the country .
Planning a financial future for our child is often in our minds but how many of us act on it when there is still time ? Anagh Pal looks at how young couples today are spending time and money to plan their child ’ s future early on in their life , many by even compromising on their usual lifestyle .
In the holiday season , it makes sense to take a fresh look at holiday planning and how one can plan savings to have that perfect holiday without any unnecessary financial burden . Khyati Dharamsi takes you through the path of proper financial planning for a picture perfect holiday through advance savings and investment planning .
In the subsequent issues , we will attempt to bring to you issues more relevant to you and your finance and investments so that you are always able to make that informed choice .
We will take small steps and will need your support and guidance in this journey .
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Outlook Money July 2018 www . outlookmoney . com