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Cryptocurrency - Bitcoin

Latest Articles


Legal Aspects of Non-Fungible Token (NFTs)

Finance : Discover the legal intricacies of NFTs, their intellectual property rights, and how they fit within existing laws. Stay informed o...

July 29, 2024 216 Views 0 comment Print

Using crypto-currencies for money laundering

Finance : Explore how cryptocurrencies are used for money laundering, the challenges faced by law enforcement, and the global regulatory res...

July 2, 2024 972 Views 0 comment Print

Section 194S: TDS on transfer of Virtual Digital Assets (VDA)

Income Tax : Understand Section 194S of the Income Tax Act, 1961. Learn about TDS on transfer of virtual digital assets (VDA), thresholds, tax ...

June 24, 2024 5367 Views 0 comment Print

How Can I Stay Informed About Market Trends?

Finance : This guide provides practical tips and tools to help you stay ahead, ensuring you never miss a beat in the fast-paced world of fin...

June 21, 2024 537 Views 0 comment Print

Adjusting Your Portfolio Over Time Like A Pro

Finance : Balancing dividend yield and growth stocks in your portfolio blends stability with opportunity. Dividend stocks provide reliable i...

June 21, 2024 327 Views 0 comment Print


Latest News


FIU IND issues compliance SCN to 9 offshore VDA SPs

Finance : Financial Intelligence Unit India issues compliance notices to 9 offshore Virtual Digital Assets Service Providers. Ministry of Fi...

December 28, 2023 336 Views 0 comment Print

Regulation & Taxation of Cryptocurrencies: Government’s Approach

Finance : Learn about the Indian Government's approach to regulating and taxing cryptocurrencies issued by private agencies. Explore the cur...

August 11, 2023 888 Views 0 comment Print

Govt collects TDS of Rs. 157.9 crore on transfer of Virtual digital Assets

Income Tax : Direct tax deducted at source from transfer of Virtual digital Assets aggregates to Rs. 157.9 crore upto 20th March 2023 for FY 20...

March 30, 2023 1203 Views 0 comment Print

Crypto Assets require international collaboration to prevent regulatory arbitrage

Finance : Crypto Assets are borderless, require international collaboration to prevent regulatory arbitrage Under PMLA, Rs. 936 crore relate...

February 8, 2023 732 Views 0 comment Print

Currently, crpyto assets are unregulated in India

Finance : Currently, crpyto assets are unregulated in India. The government does not register crypto exchanges. Crypto assets by definition ...

December 22, 2022 738 Views 0 comment Print


Latest Judiciary


Section 148 Notice valid If Assessee failed to submit Crypto Currency Ledger

Income Tax : Assessee to satisfy the authority by submitting Crypto currency ledger to verify information as was submitted by him before AO in ...

September 20, 2022 2286 Views 0 comment Print

HC cannot restrain sell of crypto currency namely “TATA coin/$TATA” outside India

Corporate Law : Tata Sons Private Limited Vs Hakunamatata Tata Founders (Delhi High Court) The plaintiff is a company incorporated in India. Thoug...

January 25, 2022 1449 Views 0 comment Print

No bail to person alleged of fraudulently inducing people to invest in Crypto Currency Chit Fund

Finance : Grant of bail was refused as applicant did not return the amounts due to the complainants and there was a breach of trust and fait...

November 5, 2021 1962 Views 0 comment Print

HC set aside Criminal Case related to setting up of Bitcoin ATM

Finance : B V Harish Vs State of Karnataka (Karnataka High  Court) In this case Karnataka High Court quashed and set aside a criminal case ...

February 8, 2021 804 Views 0 comment Print


Latest Notifications


CGST (Amendment) Bill, 2023 – Tax Changes on casinos, horse racing & gaming

Goods and Services Tax : Explore key changes in CGST (Amendment) Bill 2023, focusing on taxability of casinos, horse racing, and online gaming. Understand ...

August 9, 2023 1512 Views 0 comment Print

Govt notifies Cryptocurrency – Virtual digital assets under PMLA, 2002

Corporate Law : Central Government hereby notifies that the following activities when carried out for or on behalf of another natural or legal per...

March 7, 2023 2943 Views 0 comment Print

CBDT notifies Non fungible token as virtual digital asset

Income Tax : Notification No. 75/2022- (Income-tax) | Dated: 30th June, 2022– CBDT specifies a token which qualifies to be a virtual digi...

June 30, 2022 3114 Views 0 comment Print

Exclusion of certain digital assets from definition of virtual digital asset

Income Tax : Central Government hereby notifies following virtual digital assets which shall be excluded from the definition of virtual digital...

June 30, 2022 2058 Views 0 comment Print

CBDT Amends rule 31A and inserts new Form No. 26QF

Income Tax : Amendment of Income Tax rule 31A and insertion of Form No. 26QF (Quarterly statement of tax deposited in relation to transfer of v...

June 30, 2022 12792 Views 2 comments Print


Taxability of Virtual Digital Assets

October 30, 2022 38958 Views 0 comment Print

Understand the taxability of virtual digital assets in India. Learn about the tax consequences on the transfer of digital assets and the definition of virtual digital assets.

Improvements that Bitcoin Needs to Achieve Mass Adoption

October 12, 2022 1278 Views 1 comment Print

Bitcoin is the leading cryptocurrency that defies all expectations of a new currency and rises higher and higher in value and use. On the other hand, adopting this digital money as everyday money remains negligent among ordinary people. 

Four Major Bitcoin Limitations

October 12, 2022 6291 Views 0 comment Print

Bitcoin has undoubtedly come a long way in the thirteen years it’s been in existence. However, there is still a long way to go before Bitcoin becomes a global means of payment.

Crypto-Asset Reporting Framework & Amendments to Common Reporting Standard

October 11, 2022 981 Views 0 comment Print

Crypto-Asset Reporting Framework and a set of amendments to Common Reporting Standard , as approved by OECD Committee on Fiscal Affairs in August 2022.

Illegal Online Forex Trading – ED freezed bank account of OctaFX & related entities

October 1, 2022 2010 Views 0 comment Print

ED has freezed bank account balance to the tune of Rs. 21.14 Crore, of M/s OctaFX and related entities in the case of Illegal Online Forex Trading through International Brokers namely OctaFx Trading App and website www.octafx.com under FEMA. Press Release – 29.09.2022 Directorate of Enforcement (ED) has freezed Account balance to the tune of Rs. […]

ED freezed crypto currencies under PMLA of Aamir Khan and others

October 1, 2022 906 Views 0 comment Print

ED has freezed the crypto currencies [WRX (utility token of WazirX) and USDT (Tether, an Ethereum token that is pegged to the value of a U.S. dollar)] equivalent to Rs 47.64 Lakhs under PMLA, 2002, in respect to an investigation being conducted against one Aamir Khan and others relating to the Mobile Gaming Application, namely E-nuggets. […]

Section 148 Notice valid If Assessee failed to submit Crypto Currency Ledger

September 20, 2022 2286 Views 0 comment Print

Assessee to satisfy the authority by submitting Crypto currency ledger to verify information as was submitted by him before AO in proceedings under Section 148A

HPZ Token Bitcoin fraud – ED carried out search operations under PMLA

September 16, 2022 963 Views 0 comment Print

The HPZ Token was an App-Based Token which promised users of large gains against investment by investing in mining machines for Bitcoin and other cryptocurrencies.

Taxation of Cryptocurrency, Virtual Digital Assets, Non-Fungible Tokens

September 13, 2022 37152 Views 3 comments Print

Article explains Taxation of Cryptocurrency, Virtual Digital Assets, Non-Fungible Tokens under section Section 115BBH of Income Tax Act, 1961

Is Bitcoin Mining Illegal?

September 11, 2022 3669 Views 0 comment Print

When Satoshi Nakamoto launched Bitcoin in 2009, there was much hope in the cryptocurrency as a better alternative to the centralized financial system.

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