Income Tax : Through tax laws on Virtual Digital Assets (VDAs) like cryptocurrencies and Non-Fungible Tokens (NFTs), India has initiated the pr...
Finance : RollerCoin platform offers an alternative way to make money without cluttering your home space, massive spending, and months of me...
Income Tax : Explore cryptocurrency taxation in India, including tax rates, GST ambiguities, compliance issues, and the need for a clear regula...
Income Tax : The Finance Bill 2025 proposes mandatory reporting of crypto-asset transactions, effective from April 2026, with penalties for ina...
Income Tax : Finance Bill 2025 mandates reporting entities to furnish prescribed information on crypto-asset transactions as part of India's co...
Finance : CBI conducts searches across India in the GainBitcoin scam, seizing digital evidence and crypto wallets to trace misappropriated f...
Finance : CBI probes ₹350 crore cryptocurrency Ponzi schemes, recovering cash, digital assets, and evidence. Fraud involved unregulated de...
Finance : Indian government discusses VDA regulation, taxation, and global collaboration. No timeline set for guidelines; risks and innovati...
Goods and Services Tax : Details of GST evasion cases by cryptocurrency exchanges in India, including investigations and actions taken by the Government of...
Finance : Financial Intelligence Unit India issues compliance notices to 9 offshore Virtual Digital Assets Service Providers. Ministry of Fi...
Corporate Law : Allahabad High Court dismisses plea to quash FIR against Mahendra Pratap Srivastava ('Zoom Baba') in Ruby Coin crypto fraud, citin...
Income Tax : "ITAT Jodhpur rules Bitcoin gains as long-term capital gains (LTCG) and allows Section 54F deduction for AY 2021-22. Read the deta...
Income Tax : Assessee to satisfy the authority by submitting Crypto currency ledger to verify information as was submitted by him before AO in ...
Corporate Law : Tata Sons Private Limited Vs Hakunamatata Tata Founders (Delhi High Court) The plaintiff is a company incorporated in India. Thoug...
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...
Goods and Services Tax : Explore key changes in CGST (Amendment) Bill 2023, focusing on taxability of casinos, horse racing, and online gaming. Understand ...
Corporate Law : Central Government hereby notifies that the following activities when carried out for or on behalf of another natural or legal per...
Income Tax : Notification No. 75/2022- (Income-tax) | Dated: 30th June, 2022– CBDT specifies a token which qualifies to be a virtual digi...
Income Tax : Central Government hereby notifies following virtual digital assets which shall be excluded from the definition of virtual digital...
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...
Current scenario: Cryptocurrency as a form of decentralized digital money works on the principle of blockchain technology, and especially within it, Bitcoin & Ethereum are the most popular among the world though the market of cryptocurrencies constitutes of more than thousands different types of such currencies in different parts of the world. Investing in cryptocurrencies […]
-Crypto currency are the digital or alternative currencies that don’t have any physical form. -Cryptography is used for such currency to make secure transactions. In this transactions information converted into such code which is uncrackable. -Usually Crypto currency is not controlled by any country, so the value is determined by the market.
Today, with the rise of cryptocurrencies and their underlying technology, we stand at the helm of a digital revolution. Cryptocurrencies like Dogecoin, Bitcoin, Ethereum, and Mon-roe are the digital currency used to buy online goods and services, just like tokens or casino chips. Cryptocurrencies operate using a technology called blockchain. There are more than 6,700 different […]
Cryptocurrency is a word at everyone’s mind with lots of questions like Is it Legal, Is it profitable, everybody is purchasing should I purchase and Elon had given us target should we Purchase? Cryptocurrency is a medium of exchange in which ownership record of an individual is stored in digital Ledger maintained at computerized database […]
Article explains What is Cryptocurrency like Bitcoin, Legality of Cryptocurrency, Income From Cryptocurrency, Taxability of Income From Cryptocurrency, Whether Income Covers Under Profit and Gains of Business & profession or Capital Gain or Other Source, MCA Regulations applicable to Cryptocurrency like Bitcoins and Statements From Finance Ministry on Bitcoins. What Is Cryptocurrency? A crypto currency […]
Cryptocurrency is the phenomenon of digital money, which is quickly garnering acceptance in society globally. Bitcoin, ethereum, ripple, litecoin, bitcoin cash, etc. are some of the most prominent cryptocurrencies that are synonymous with a country’s currency. They are getting used in trading, in exchange for funds, at legal bidding and betting houses, online financial trading, […]
What is Cryptocurrency? Cryptocurrency is a Digital currency that can be exchanged online for goods and services,but uses an online ledger with strong cryptography to secure online transactions. Cryptocurrencies work using a technology called Blockchain. There are more than 4,000 cryptocurrencies in existence but Bitcoin has a large lead as compared to any other cryptocurrency. Bitcoin is […]
Cryptocurrency or Crypto has dominated the world and has become a major talking point globally after rising in value by 450% in the last six months. The most popular cryptocurrency, Bitcoin (BTC), has more than doubled since the beginning of 2021 when it reached $20,000 in December 2020 from $7,000 in April 2020. Currently, Bitcoin […]
There are two types of money. One is currency in its physical form published by the central bank by any nation which is authorized to print it according to the specifications and denomination of the respective government. And secondly a credit money which is there in the system and with financial institutions having prerogatives to multiply with interest.
Money is essential; it is that much significant that most people end up living their lives, earning it only. However, the history of money doesn’t date back long. For comparison, if the whole Homo sapiens history would convert to 24 hours, money would have existed for the last 18 minutes only. The internet and press […]
