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VIRTUAL DIGITAL ASSETS
House panel bats for interim crypto self-regulation under RBI/SEBI oversight, stresses investor protection normsA parliamentary committee has proposed the establishment of a self-regulatory organization for cryptocurrencies, functioning under the supe...- Parliamentary panel backs Sebi board expansion, longer cooling-off period for top brassStanding Committee on Finance, headed by Bhartruhari Mahtab, backs key provisions of the Securities Markets Code Bill, including raising Se...
- ESOPs, Crypto and two other disclosures you must make in Schedule FA of the ITR for AY 2026-2027Indian taxpayers face new foreign asset reporting rules for AY 2026-2027. Schedule FA requires disclosures for foreign shares and overseas ...
- The Project-Driven OrganizationIn an era when adaptability and innovation are paramount, organizations are recognizing the pivotal role of projects in driving success. In...
- Aston Martin debuts ‘Dreadnought’ SUV in Call of Duty: Modern Warfare 4 ahead of October launchAston Martin has unveiled the virtual Dreadnought SUV for Call of Duty: Modern Warfare 4. This military-inspired vehicle will be accessible...
- ITR filing: How Bitcoin, NFTs, airdrops, gifted crypto, and overseas wallets are taxed in India and how to report themIndia's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...
- Quote of the day by Priyanka Chopra Jonas, 'Any transition is easier if you believe in yourself and your talent' offers timeless life lesson on how to build careers in the era of AI, teaches powerful psychology that every meaningful achievement begins with a transitionQuote of the day by Priyanka Chopra words offer more than encouragement — they provide a practical strategy for navigating life's inevitabl...
- Income tax on gifts: Received cash, property or shares? You may have to pay tax and report it in your ITR in these casesGifts from specified relatives are fully exempt from income tax. Non-relative gifts exceeding certain values become taxable under specific ...
- Explained: Why a Pakistani cleric issued fatwa against crypto trading and why it is spooking investorsA prominent Pakistani Islamic cleric has issued a fatwa declaring cryptocurrency trading haram under Sharia law. Mufti Muhammad Taqi Usmani...
- Pakistan cleric’s fatwa sparks multi-market crypto panicSome religious investors in key markets like Pakistan, India, and the UAE dumped their entire holdings over the past 48 hours, founders and...
- Will filing your ITR early get you a faster income tax refund? Here's what really determines the processing timeFiling income tax returns early increases processing likelihood but does not guarantee faster refunds. Successful e-verification and matchi...
- Indian Bank drops capital raising plan on lower ECL hitIndian Bank has cancelled its planned share sale to raise funds. The lender's expected credit loss impact is now estimated lower than previ...
- Evolving nature of digital payment system in IndiaIndia's digital payment landscape is rapidly evolving, prompting policy discussions. Experts convened to address emerging challenges and ne...
- Kyrgyzstan's Tamchy SFIT opens a new route for Indian business into EurasiaKyrgyzstan has launched the Tamchy Special Financial Investment Territory on Lake Issyk-Kul. This new jurisdiction aims to attract foreign ...
- RBI backs crypto ban, tax department warns of evasion risks, documents showIndia's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibition," warning that crypto assets an...
- Parliamentary panel to review self-reliance, modernisation of Defence Public Sector Undertakings briefing todayThe Defence committee will meet to discuss defence public sector undertaking transformation. Earlier, the Finance committee reviewed digita...
- BRICS adopts Guwahati Declaration to strengthen fight against drug traffickingBRICS nations adopted the Guwahati Declaration to strengthen cooperation against illicit drug trafficking. They will enhance information ex...
- RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
- RBI tells parliamentary panel that virtual digital assets like cryptocurrency a threat to economyThe Reserve Bank of India has informed a parliamentary panel that virtual digital assets like cryptocurrency pose a threat to India's devel...
- Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
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