Can nature and industry coexist? Can there be some cohesion between biosphere (cycle of nature) and technosphere (cycle of technology)? Yes, it is very much possible. Community involvement and stakeholders participation while formulating workable solutions create an ecosystem of trust and better corporate governance. Environment friendly solutions and smart use of resources create wealth for the society.
On 13th August 2020, 2020 India's Prime Minister Narendra Modi launched The Taxpayers' Charter. The charter has promised to make tax compliance easy by reducing the cost of compliance and also to uphold privacy and confedentiality of the taxpayers. It has listed the commitments by the tax department to the taxpayer and also the responsibilities of the tax payer.
Businesses can be environment friendly and yet profitable. Environment friendly is not the enemy of net profit or shareholder's wealth. Sustainable businesses are more efficient by saving costs and thus gaining on the margins. Its new age business paradigm, but directed by old age wisdom.