India’s Finance Minister Nirmala Sitharaman announced to impose a 30% tax on cryptocurrency. Partner at IndusLaw, Ritesh Kumar, told Business Insider, “The 30% rate of tax and restriction to set-off losses is a very bold move in discouraging transactions in crypto.” Nirmala Sitharaman, Finance Minister of India, said during the Union Budget 2022-23, “Cryptocurrencies will
Providing a broad-spectrum booster shot to the economy, Union Budget 2022-23 is progressive – especially with its emphasis on building the infrastructure of the country. The FM clearly emphasised the top priorities of the government – PM Gati Shakti for sustainable growth, inclusive development, productivity enhancement, and financing of investments. Notably, the government also expanded
As suggested by Chainalysis’ Global Crypto Adoption Index, Pakistan plans to ban Cryptocurrency. Despite the country ranking third with the highest number of crypto users, the State Bank of Pakistan submitted a document calling cryptocurrencies illegal in the Sindh High Court. Why does Pakistan plan to ban Cryptocurrency? While this isn’t the first time Pakistan
The residential sector witnessed a strong comeback in 2021, with housing sales in the top 7 cities rebounding to 90% of pre-COVID levels and new launches reaching 2019 levels. While the housing sector’s prospects generally look upbeat in 2022, it remains to be seen to what extent, if any, the new COVID-19 variant Omicron impacts
The change in ATM charges, new method for handling online transaction information or latest NBFC norms are some of the financial changes that a consumer can expect in the financial sector this year. ATM charges Automatic Teller Machine (ATM) charges for transactions more than set limit have been increased to Rs. 21 in India. The
The Delhi State GST Department exposed a ₹347 crore fake GST scam across 11 firms. The proprietor of Super Steel India, Mayank Jain, believed to be one of the kingpins, was arrested on January 1, 2022. What is the ₹347 crore fake GST scam? The ₹347 crore fake GST scam exposed across 11 firms used
Google CEO Sundar Pichai will meet an overdue in the face of a privacy lawsuit. Alphabet’s CEO will face a privacy lawsuit as 2021 ends. It is no secret that there is always a grain of truth behind the rumours like Goole tracking the user’s activity. Along with the fact that Google CEO Sundar Pichai
Technology has been a part of our existence since its inception. Different kinds of technology suited for small & large businesses or domestic use are readily available. Main industrial or domestic tasks operate at the push of a button or a voice command. Tesla Motors is a revolutionary company focused on making technology energy-efficient and
To Set Up An LLC can be one of the most important components of establishing your business. An LLC can protect your business from liability and can provide other benefits as well. The requirements for setting up an LLC differ greatly from state to state. These are some general guidelines of what you can expect
There are a number of things that you need to consider before you hire a disability attorney because you need to first figure out the status of your current claim, what you clearly understand about your disability and if you feel that you have the skills and knowledge to research the law and if you
