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Crypto Currency

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

Companies To Disclose Crypto Currency & CSR In Financial Statements

According to the recent press release released on the website pib.gov.in on 10th August, 2021 in respect of ‘Ministry of Corporate Affairs (MCA) amends Schedule III of Companies Act on disclosure norms in financial statements‘ As Ministry of Corporate Affairs by amendment in Rules of Schedule III on 24th march 2021 has already made lot of amendments in Schedule III of Companies Act, 2013. Schedule III stands for Financial Statement… Read More »Companies To Disclose Crypto Currency & CSR In Financial Statements