Editorial

This issue deals with a bouquet of issues related to taxation. tourism, foreign direct investments and investment growth, real estate issues and green finance and offers readers to delve into the varied rescarch articles dealing with contemporary themes. Though Presumptive Taxation systems have been implemented for more than three decades in India, there has not been adequate research on the systems, processes, adoptability and compliance with this form of taxation. Dr. Gangotree Ghosh and Shashi Pathak have endeavored to fill up this gap by systematically highlighting the amendments that have been made in this tax system and exploring the outreach in terms of assessees adopting this system.

Tourism business in the hilly areas of North Bengal has been flourishing and since the last decade budget tourism has been fuelled by the growth of homestays for tourists. Prasid Gurung and Dr. Soumitra Sarkar have made a strategic risk assessment of these homestays an.! considered the weaknesses and threats. along with an investigation of their magnitude to determine which weaknesses and threats require immediate attention and solution.

The real estate business in India is a rapidly growing sector, valued at $477 billion and expected to reach $1 trillion by 2030 and also contribute 13% to the country’s GDP by the end of 2025. In this context Dr. Atul Kumar Paul explored the connection between business risk and returns in Indian real estate industry, over a period of twelve years between 2011-12 and 2022-23. The author has shown that despite the high amounts of risk that real estate companies are exposed to, these risks are generally countered by their corresponding returns in a balanced manner.

Amirul Sardar brought out the importance of Green Finance as a catalyst for achieving the Sustainable Development Goals, strengthening its role in nurturing environmentally responsible investments, and alleviating the unfavourable influence of climate change. He has shown how green finance funds provide support for initiatives that strive to combat climate change, promote renewable energy, and ensure sustainable use of resources, which are crucial for the nation. The author has used case studies of different companies to highlight how these corporate bodies have supported the cause of a cleaner planet by financing.

The articles published in this volume of the journal are based both on quantitative and qualitative research. Generally, the distinction between qualitative versus quantitative research has been supported by the corresponding division between inductive research versus deductive research. While deductive reasoning begins with a theoretical hypothesis that is proven through empirical observation, inductive reasoning begins with empirical observation that is used to build theory. The articles as such have not been able to build a theory which can earmark them as fundamental research. However, we will have to go with this limitation as the authors face hindrances in conducting fundamental business research due to lack of funding and sufficient and quality data which should be freely available to them from their affiliating institutions. Despite these major constraints, the authors have used their own financial and physical resources to carry out their research and come up with pertinent issues to draw the attention of academia and policy makers alike. Conducting research from planning to publication can be a very difficult process specially when funding and institutional support are not available. Usually in the present scenario researchers’ temperaments are shadowed by the publish or perish culture and their drive to come up with articles based on a strong conceptual or theoretical background is repressed with the urge to publish more with the use of statistical techniques which yield interpretative quantitative easily than an in-depth qualitative analysis drawn on research designs such as case studies, ethnography, action research, and grounded theory. In this journal of business research, we encourage quality over quantity and underscore the significance of channeling creativity when pursuing scholarly work. While the research questions and phenomena studied in the domain of business are diverse. This diversity does not always transform into research in Cost and Management Accounting, Activity-Based Costing, Business Process Reengineering, Enterprise Resource Planning. Manufacturing Resources Planning. Inventory Management, viability of small and micro firms. Mergers and Acquisitions and other allied topics which can come up with solutions for the problems that industry usually face. Business research should not be dominated by template thinking and replication of topics which might as well be contemporary, but has little implications for solving business problems. We therefore encourage our contributors to plan and while research articles not only on Entrepreneurship, but Intrapreneurship, Outsourcing and Offshoring, Corporate Governance, Corporate Social Responsibility, Customer Relationship Management, Decision Support Systems, Business Analytics, Human Resource Analytics, Product Life Cycle and Industry Life Cycle, Production Planning and Scheduling and E- Commerce. This will help in widening the scope of the journal, enriching he quality and ultimately lead to increased international readership.

Prof. Samirendra Nath Dhar

Chief Editor