Video streaming platforms and tourism.

What’s happening this week

• Italy’s PM Giuseppe Conte resigns.
• Chandrayan 2 successfully enters Moon’s orbit.
• Dwayne Johnson tops Forbes highest-paid actor’s list.
• Nigeria achieves the milestone of 3 years free of polio.

Hey,

We missed you too last week… We were busy partnering with Zerodha and helping traders file taxes.

Get pocket-sized weekly dose of investments, taxes, finance & more. Subscribe to Quicko Bytes.

Lets Binge

Wait What? FlipKart too?… Flipkart is going to launch its own video streaming platform for Android. Looks like its there takes on Amazon Prime. They are focusing on the next 200 million customers that are coming online. E-Commerce is changing, shop and stream together.

For users… for better user experience Netflix is seeking permission to study its user’s physical activity. The viewer has the option to deny permission when in permission’s pop-up. Trying to expand the user base Netflix launched a special mobile-only plan for viewers in India.

Are you an online buff too? File your taxes online, the due date to file your taxes is here. The income tax department extended the ITR filing deadline from 31st July to 31st August 2019. While filing your return don’t forget to:

• Disclose all sources of Income
• Claim all eligible deductions
• Claim tax credit from Form 26AS
• E-verify your Return

You can file your ITR for free using Quicko in 5 mins, directly upload your Form 16 or answer simple questions.

Wanderlust

Mitrooo!!! go travel… but India first! To promote domestic tourism PM Narendra Modi in his Independence day speech urged Indians to visit 15 domestic tourist destinations by 2022 instead of international trips. Nearly 20 million Indians travel internationally every year. Tourism contributes 10% to India’s GDP. Travel and tourism is the 3rd largest foreign exchange earner for India. An increase in tourism will help boost employment, handicraft and local economy.

We have it all… India offers a large and diverse option for all tourists ranging from cruises, medical, wellness, rural, spiritual, religious, MICE tourism.

India… let’s go wild… The theme for Incredible India’s campaign is now ‘Wildlife’, this is following the rise in Tiger count and the PM’s Jungle Adventure with Bear Grylls that was aired last week.

Government… States are asked to improve coordination to promote tourism in the National Conference of Tourism Ministers was held yesterday. Incredible India websites will soon be launched in Arabic, Chinese and Spanish versions next month, following the Hindi version. India will also introduce a flexible e-tourist visa and fee based on the tourist footfall.

Not welcome… Parallelly Amsterdam had banned disrespectful tourists from the red-light districts, following the complaints from locals. Thailand closed Thai Bay until 2021, allowing it’s ecology to recover. Thailand did the same with the Maya Bay last year after straining on the ecosystem.

Two sides of a coin… Tourism comes with its share of economic boost but strains the ecology, let’s hope it does not strain India’s ecosystem otherwise, it might increase the burden on taxpayers to repair them. We wish India gets a lot of economic fortune (Is that a lot to ask? We hope not).

Meanwhile, let’s get the Wanderlust to go local.

Byte of the Day

“Buy gold ‘At Any Level’” -Mark Mobius