Search Results for: bitcoin

The notification from MeitY dated 16th June 2022 declaring the CBS system, RTGS System, NEFT System and the Structured Financial Messaging Server as protected systems and imposing the information security guidelines of 22nd May 2018 is a watershed moment in … Continue reading →

The Technology Craze has hit a new ceiling in the form of “Metaverse” which is an attempt to create a “Digital Game” and give it “Legal approval”. In pursuance of this craze, it has been reported that the first meta … Continue reading →

With due respects as a person to Mrs Nirmala Sitharaman, I would like to draw her attention to the working of private crypto currencies and why not banning them is a big mistake. I am worried that she is making … Continue reading →

This is the personal view of an honest citizen and is not related to any professional or organizational activities. Also I do hold Mr Modi, Mrs Nirmala Sitharaman in great respect but in respect of this issue of legitimizing Crypto … Continue reading →

The decision of the Finance Minister to recognize digital assets of the kind which we call “Crypto Currencies” today through a taxation slab has opened the flood gates for money laundering in India. Now it is possible to register an … Continue reading →

After a long time discussion, Mrs Nirmala Sitharaman came up with her suggestion in the Budget about taxation of “Crypto Assets”. At first glance it appears that this provision imposes a 30% tax on gains made in crypto assets which … Continue reading →