Russian Crypto News Outlet Shook Down by the Ukrainian Security Service

According to the owner of the Russian cryptocurrency news outlet Forklog, Anatoly Kaplan, his media firm is being harassed by Ukrainian law enforcement officials. On December 15, agents from the Ukrainian Security Service (SSU) searched both Kaplan’s apartment and the Forklog offices in Odessa for an alleged association with U.S. nationals committing criminal activities. Russian […]

Airtel Payments Bank License Suspended; Airtel Barred From Conducting Aadhaar-based e-KYC!

Airtel Payments Bank License Suspended In one of the biggest setbacks for Airtel so far, UIDAI has temporarily barred Airtel from carrying out Aadhaar-based SIM verification using e-KYC for its mobile customers and has suspended the license of its Airtel Payments Bank. This means that Airtel cannot sign-up new customers, which will have a direct […]

auto industry

Auto Industry Seeks Two GST Rates For Passenger Vehicles

Automobile industry body Society of Indian Automobile Manufacturers is seeking two tax rates for passenger vehicles under the Goods and Services Tax regime instead of multiple rates levied currently, as part of its wish list for the upcoming Budget. The industry body has also sought from the Finance Minister Arun Jaitley a special tax rate […]

ongc

ONGC Tears Into Regulator’s Proposal To Sell Its Oil, Gas Fields

State-owned Oil and Natural Gas Corporation Ltd. (ONGC) has torn into regulator Directorate General of Hydrocarbons’ (DGH’s) proposal for auctioning its discovered oil and gas fields, saying national oil companies can raise production if they are offered the same fiscal concessions as being extended to private companies. In para-wise comments on the DGH proposal to […]

Parle Planning To Hike Prices Of Glucose, Marie Biscuits 

Biscuits and confectionery maker Parle Products is planning to increase the prices of its glucose, Marie and milk biscuits in the first quarter of 2018, a company official said. “As of now, we have not taken any price hike (decision) but we would be thinking of a price hike considering the increased taxes. It will […]

How-to-save-income-tax-with-insurance

How You Can Exploit the Tax Bill Right Now

At the end of every year, millions of Americans can make strategic moves to shave a few bucks off their April tax bill. Right now, millions more should be able to get into the act, with Congressional Republicans poised to pass a 503-page law that fundamentally restructures the U.S. tax code. If the bill passes, new […]

Malaysia Issues Proposed Digital Currency Regulations for Public Review

Just recently, the Bank Negara Malaysia (BNM), the country’s central bank, has issued drafted digital currency regulatory guidelines for citizens and businesses residing in the region. The new regulations will fall under the country’s anti-money laundering and anti-terrorism financing act of 2001. If the guidelines are approved, cryptocurrency trading platforms must provide digital asset trade […]

Income Tax Dept. Raids Bitcoin Exchanges In India; Will India Ban Cryptocurrency Trading?

Bitcoins Exchanges Raided The warning bells had been sounded since long. The alerts and cautions were issued. And then, suddenly, the crackdown began. For the first time in India, Income Tax Dept. carried mass raids across 9 bitcoin exchanges in the country, with the sole aim of finding out whether tax evasion is happening or […]

Airtel 4G Hotspot Takes Jio Head-on With A Reduced Price Of Rs. 999!

Airtel 4G Hotspot Jio totally disrupted the telecom industry when it launched services this year. It left the other operators reeling with its pricing and essentially free data and talk-time. Not only did Jio disrupt the mobile phone business, but it also took on other players in wireless and broadband internet. Jio made a killing […]

Aadhaar-Bank Account Linking Extended To 31st March; 6 Aadhaar Deadlines You Must Be Aware Of!

Aadhaar-Bank Account Linking Deadline Extended Since last few weeks, we all had witnessed the aggressiveness with which banks have been ‘asking’ (or rather ordering?) their customers to link their bank accounts with Aadhaar before December 31st. This, despite the fact that Supreme Court is still hearing petitions related to the legal status of such Aadhaar […]

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