cryptocurrencies,bitcoin,blockchain

Cryptocurrencies – Volatility and other problems

Why are Cryptocurrencies volatile? Bitcoin, the most popular cryptocurrency, is not yet recognized as legal currency by any government. However, any person can buy, hold or sell and even trade cryptocurrencies, subject to rules and regulations…
Cryptocurrency, Blockchain, Bitcoin

Cryptocurrencies – How virtual currencies operates?

Cryptocurrency network has been considered robust, the reason why it has garnered support so far. To understand the same, let’s understand how cryptocurrencies operate. Blockchains Cryptocurrencies work on blockchains – imagine…
Bitcoin, Cryptocurrencies, Blockchain, Government

Bitcoin – The journey so far

What you need to know about the journey so far In 2008, when the world met eyes with reality, as the global financial crisis emerged, an anonymous person ‘Satoshi Nakamoto’ was developing a new ‘peer to peer network’ to create a…
What is cryptocurrency

Cryptocurrency – New Fin-tech Resistance, Not Revolution !

If the Indian Government were a parent, it would be the kind who would like to accompany you even on your honeymoon! For the past few years we have experienced how Government is trying to establish its control over various aspects of our life…
income tax department India's oxygen supply chain

Why India’s Oxygen Supply Chain failed to deliver? Explained

Oxygen – ironically earth’s most freely available resource, and yet short in supply. Hospitals are suddenly running out of medical oxygen and there is more panic amidst the pandemic than ever before because the belief that the doctors…
income tax department India's oxygen supply chain

How the income tax department is tracking your income!

Disclaimer: Tax evasion is high in our country, and so is red-tapism. This article is an advisory on how genuine taxpayers can avoid the red-tapism and in no manner, intends to promote tax avoidance, since paying taxes genuinely, is the first…
Royality 2

Amount paid for use of software is not ‘Royalty’.

“During the assessment year 1997-98 and 1998-99, several payments were made to foreign parties for the license to use the software. However, no tax has been deducted at source and thus, following section 40(a) these expenses must be disallowed.…
Your right to privacy is their highest selling product

Your right to privacy is their highest selling product

Facebook wants to bring people together. Google wants to make search more friendly. Amazon wants to make available everything at your doorstep. Jio wants everything available under one platform. Newsrooms want to ensure all the best news reach…
Pinky Promise

Accountability – How Governments make and break pinky promises, while you pay interest and penalties!

Memory is important – whether it’s your laptop, mobile or yourself, especially the last one, because you can easily buy and upgrade the other two. Voters have a fickle memory and governments benefit the most from it. Old memories get erased…
Hindu Undivided Family

Hindu Undivided Family – A uniquely Indian concept and tax savings

India is diverse and unique in many ways. Many of the economic theories and business models fail to hold in India owing to the unique nature of the economy, the country and the citizens. India is deeply influenced by and believes in its traditions…