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Background: What is blockchain technology? Blockchain technology is basically the creation of a distributed ledger to capture transactions conducted amongst various parties in a network. It is an internet based, node-to-node connected distributed ledger which includes all transactions since its creation. In simple terms, a blockchain can be considered to be a distributed ledger which […]
Equalisation levy: Meaning and Purpose of Equalisation levy: In this digital era, business and its operations are not restricted to geographical boundaries. With the emergence and involvement of Internet into businesses, area and locations have become irrelevant. Businesses have free access to various markets. The traditional structure of taxing businesses based on their jurisdiction no […]
