Future for crypto trading in India is highly uncertain given the RBI & government’s expression of concern fuelled speculation that an out-right ban of private coins may be enforced.
Bitcoin prices have tumbled 14% this week, marking the steepest decline since March. Commentators have cautioned that a sustained drop below $30,000 could presage further losses.
Bitcoin slid as much as 21% over Sunday and Monday to as low as $32,389. That’s the biggest two-day slide since global markets were first roiled by the pandemic last year.
Zuckerberg's plea for Libra, now called Diem, suggests Facebook is leaning more towards the kind of e-cash offered by PayPal or Alibaba than the revolutionary crypto dreams of Bitcoiners.
The ED said it conducted raids at the registered offices of some companies who were illegally running online betting apps on websites which are hosted from outside India.
After Libra launched in June 2019, politicians and regulators raised concerns about privacy, money laundering and companies like Facebook taking power away from central banks.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
The first thing that Modi govt should do is to tax the income or assets of political parties… With thousands of political parties, where anyone who wants to influence and twist govt policies put their money, a huge chunk of cash would be Available to the govt if political parties are brought under IT net… Another advantage from the same measure would be many parties will cease to exist once this is done… Thereby cleansing the political system to a large extent… Charity begins at home… But who’ll Bell the cat…
There are some interesting suggestions in this article. However, more technical details are required to understand how exactly GST can be hooked onto block chain based system. RBI has to finalize its plans for digital rupee. So this can idea can be conceptualized now and implemented as digital rupee is also implemented. But apart from this, block chain can be used in so many areas like land records, etc. We need to have a comprehensive understanding of the areas where in govt can prioritise its use.
this is mumbo jumbo technical nonsense and there is not a single evidence of what is been suggested. Please provide evidence based solutions with some very clear implementation approach. saying block chain and crypto currency is solution to existing problems is a big lie and needs to be exposed.
Tax evasion don’t happen in India alone. It is a global phenomenon. Besides the authors failed to provide any successful example of implementation of their ideas in any country across the globe.
The first thing that Modi govt should do is to tax the income or assets of political parties… With thousands of political parties, where anyone who wants to influence and twist govt policies put their money, a huge chunk of cash would be Available to the govt if political parties are brought under IT net… Another advantage from the same measure would be many parties will cease to exist once this is done… Thereby cleansing the political system to a large extent… Charity begins at home… But who’ll Bell the cat…
There are some interesting suggestions in this article. However, more technical details are required to understand how exactly GST can be hooked onto block chain based system. RBI has to finalize its plans for digital rupee. So this can idea can be conceptualized now and implemented as digital rupee is also implemented. But apart from this, block chain can be used in so many areas like land records, etc. We need to have a comprehensive understanding of the areas where in govt can prioritise its use.
this is mumbo jumbo technical nonsense and there is not a single evidence of what is been suggested. Please provide evidence based solutions with some very clear implementation approach. saying block chain and crypto currency is solution to existing problems is a big lie and needs to be exposed.
Tax evasion don’t happen in India alone. It is a global phenomenon. Besides the authors failed to provide any successful example of implementation of their ideas in any country across the globe.