Search Results for: export+import
Comments on the Draft National Encryption Policy from Naavi
The Government of India has announced a draft National Encryption Policy as an adjunct to the requirements under Section 84A of ITA 2008 which required a notification on the approved modes and methods and for encryption for use in e-Governance … Continue reading
Syndicate Bank loses Rs 1.13 crores of customer’s money
In a repeat of a common cyber crime which have earlier been reported in the case of Exporters and Importers, an NRI customer of Syndicate Bank in Manipal has reportedly lost Rs 1.13 crores. It appears funny that the Bank … Continue reading
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
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
Bitcoin in India.. Raid to force regulatory Clarity
The raids conducted by the Enforcement Directorate in Ahmedabad on Bitcoin traders appear at first glance to be a blow to the Bitcoin community. Temporarily there will be fear and a suspicion that the Bitcoin bubble has been pricked. Holders … Continue reading
RBI …Bitcoin
[P.S: Kindly Note that subsequent to writing of this post in December 2013, and observing the lack of self regulatory attitude of the Bitcoin managers and the continuing use of the Bitcoin by criminals, Naavi has clarified his view on … Continue reading