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The Rise of Crypto Currency in Business

Nowadays numbers of companies globally are using bitcoin and other digital currencies for the purpose of investment, operation, and transaction. Why consider using crypto? Crypto currencies are growing day by day and number of companies are using bitcoin and other crypto currencies for investment and other kind of activities. The use of crypto for managing business presents a host of opportunities & challenges. As with any things, there are two… Read More »The Rise of Crypto Currency in Business

Income Tax on Crypto Currency in India

Cryptocurrency is considered as a digital money and known to be more secure that the real money. Cryptocurrency uses cryptography to secure their transactions. Cryptography is a method of converting comprehensible data into complicated codes which are stiff to crack. Cryptocurrencies are consideres as a subset of digital currencies, alternative currencies & virtual currencies (VCs). Bitcoin was the first cryptocurrency which are introduced in the year 2009. As of now… Read More »Income Tax on Crypto Currency in India

All You Need To Know About Cryptocurrency

In the past 1- 2 decades, our world has changed a lot. We comes from landlines to smartphones. We have almost shifted from wallet to digital wallet. Digital payments is a great shift whether it is vegetable vendors or big showrooms. After payment wallets we do not need to struggle to find exact change and always keep an eye on our wallet. In the same pattern there is one more… Read More »All You Need To Know About Cryptocurrency

Impact of GST on Bitcoin or Cryptocurrency

In this article we will discuss how the traders of cryptocurrency should liable to pay GST on exchange of Cryptocurrency in India. Treating Bitcoin or Cryptocurrency as a Goods Definition of Goods and Services Definition of Goods –GST Act’ 2017- Section 2(52) The term “Goods’’ means each type of movable property other than money & securities but includes actionable claims, growing crops, grass & things attached to or land’s forming… Read More »Impact of GST on Bitcoin or Cryptocurrency