Basic features of newly launched Digital Rupee: Digital Rupee (eRs-R) would be in the form of a digital token that represents legal tender. above Digital Rupee would be issued in same denominations that paper currency & coins are existing issued. Digital Rupee (eRs-R) would be distributed via intermediaries ie. banks. 8 Pvt or Public sector …
What is the meaning of Crypto currency according to income tax provisions? Crypto currency and Income Tax In the introduction of Budget 2022, the government has announced taxation norms on the same. Key pointers regarding income tax implications on crypto currencies in India are as follows – Cryptocurrency—Meaning as per Income Tax provisions A form …
The Treatment of Cryptocurrency as Goods or Services in India: Brief Introduction If you’re uninterested in the government’s debate over the topic, whether cryptocurrency be considered or termed as an asset or currency, then herein we would be discussing about a new debate which awaits. During & after GST raid on crypto exchanges that virtual currencies trade like bitcoin, …
Uniswap Scams: How to Identify and Avoid Scams Is Uniswap Safe? As part of this movement, Uniswap’s decentralised exchange has become one of the most popular platforms, offering swaps between Ethereum (ETH) and various ERC-20 tokens, as well as liquidity pools where users can earn returns by depositing tokens — all without having to entrust …
TOP 10 CRYPTOCURRENCY AND ITS FEATURES (OTHER THAN BITCOIN) Best Cryptocurrencies to Buy: Most Promising Layer 2 token: Polygon (MATIC) Holds Most Market Enthusiasm: Ethereum (ETH) Best Payment Solution: Stellar Lumens (XLM) Highest Growth Potential: Chainlink (LINK) Best Store of Value: Bitcoin (BTC) Best Hedge Against ETH: Cardano (ADA) Ethereum (ETH) Launched: 2015 Market value: $70 billion Features – Built-in programming language lets developers …
CRYPTO REGULATION Bitcoin, blockchain, crypto, regulations, governments, bans, unworthy, revolutionary, such a large amount of news articles on the topics, none with any real worldwide summary. Every country has their own recognition and legality towards bitcoin and its technology. The blockchain here could be a little résumé of what’s currently happening when governments face bitcoin. CRYPTOCURRENCIES IN REGULATORY SANDBOX Nasscom is …
THE TOP TEN FASTEST GROWING CRYPTOCURRENCIES IN 2021 Cryptocurrencies are on every Investor’s mind when they think about investing. It’s a subject that’s bursting across the business media industry, and rightly so, given its wildly fluctuating price highs and lows. If you’ve considered investing in Bitcoins, reconsider because there are numerous other cryptocurrencies on the …
Beware: Increase in Price of ether is a threat to your Bitcoin The rise in the price of Ether may pose a threat to Bitcoin cryptocurrency. On Monday, May 10th, the price of ether surpassed $4,000, setting a new record high. Despite being the second-largest cryptocurrency, this new record appears to be an attempt to …
BITCOIN TAXABILITY UNDER GST ACT, 2017 APPLICATION OF GST ACT Under GST Act, 2017, GST is charged on the supplies related to goods or services or both made for consideration and is in the course or furtherance of business. Therefore, in case the transaction involving Bitcoin comes under the definition of supply, then GST would …