Financial Year : 2022–23 Assessment Year : 2023–24 Highlights : Ø Defining Cryptocurrencies as Virtual Digital Assets Ø Taxation on Virtual Digital Assets explained Ø Gifts : Income Tax on Gifts received in the form of Virtual Digital Assets Ø Transfer of Virtual Digital Assets : Taxation on any Loss from such…

Foundational Things About Blockchain & Crypto World Hi Friends My contents are about the General Things of the Blockchain & Crypto world. Presently hot topics everywhere are — Cryptocurrencies, Blockchains, Metaverse, NFTs, Artificial Intelligence, Machine Learning, Web3.0, and a lot more … How the Cryptocurrencies, Blockchain projects, etc. are valued? How valuations are so high? Why Cryptocurrencies…

Is Crypto = Money ? Interesting topic I am going to write about today is whether crypto is currency/money or not. Whenever we talk about money, it is considered as medium of exchange in the form of payment for goods and services, measurable as a unit of account, a store…

DeFi : Decentralized Finance During the early stages of crypto development, there used to be Bitcoin only. Then general perception about crypto was that crypto does nothing, it’s a place of gamblers. Even I remember about myself when during 2012, I was in a book fair at Pragati Maidan in…

Nobody knew blockchain until bitcoin was developed in 2009 and only then blockchain technology started getting attention. Normally blockchain is known as distributed ledger that records and protects digital data through the use of cryptography. The said technology is applied for network of digital currencies (cryptocurrencies), but its decentralized and…