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Search Results for: bank
Does Nachiket Mor Committee report impress to deceive?
One of the first initiatives that the new RBI Governor Mr Raghuram Rajan took after assuming office a few months back was the formation of the Nachiket Mor committee on “Comprehensive Financial Services for Small Businesses and Low Income Households”. … Continue reading
Posted in Bank, RBI
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Abolition of Personal Income Tax
A discussion has now ensued in India about the possibility of personal income tax being completely abolished if BJP comes to power. This proposal though is in the initial stage of discussion and yet to be adopted into the manifesto … Continue reading
Posted in Bank, Cyber Law
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Why India is an attractive market for Bitcoins
India is a country which tops in the annual inward remittances. In 2012, the total inward remittances were estimated at US$ 69 billion. China with US$ 60 billion was the second best. (Refer article). In the year 2013, despite the … Continue reading
Posted in bitcoin
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Income Tax Considerations in Bitcoins
One of the doubts that the Bitcoin community in India face is its taxability. They wonder how will the Income Tax department treat Bitcoin transactions for tax purpose. While it is the prerogative of the Income Tax department to interpret … Continue reading
Posted in bitcoin
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Year 2013 in retrospect
The year 2013 ended with an intense debate on Bitcoins the virtual currency system that caused lot of ripples in the market. over the last one month, Naavi.org has been full of discussions on Bitcoin to the extent that discussions … Continue reading
Posted in bitcoin, Cyber Crime, Cyber Law, ITA 2008
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Addressing the concerns of RBI on Bitcoins
The RBI advisory of 24th December 2013 has set an agenda for the Bitcoin community as to the future of Bitcoin industry in India. The advisory was fine as far as the public was concerned since it was the duty of … Continue reading
Posted in bitcoin
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