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News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : Bitcoins

NCLT rejects Govt’s plea of 3-month moratorium for IL&FS
Posted Date : 15-Oct-2018 , 08:35:06 am | Posted By CASANSAAR

In a likely blow to the government and the newly constituted board of Infrastructure Leasing & Financial Services (IL&FS), the Mumbai NCLT Bench rejected the plea of a three-month moratorium against any legal proceedings by any party against the stressed infrastructure financier and its 348 ...

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Category : Bitcoins | Comments : 0 | Hits : 409

Bitcoins worth Rs 20 crore stolen from exchange in India's biggest crypto theft
Posted Date : 13-Apr-2018 , 01:39:58 pm | Posted By CASANSAAR

Nearly 438 bitcoins worth over Rs 20 crore were stolen from a top exchange firm in India in what is being billed as the biggest cryptocurrency theft in the country so far.  Coinsecure, the Delhi-based cryptocurrency exchange, has filed an FIR with the cyber cell accusing its CSO, Amitabh Sax...

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Category : Bitcoins | Comments : 0 | Hits : 453

High-level panel on IBC review may stick to 270-day resolution deadline
Posted Date : 27-Mar-2018 , 08:42:50 am | Posted By CASANSAAR

A high-level panel set up to review the Insolvency and Bankruptcy Code (IBC) is likely to have recommended against extending a 270-day moratorium for restructuring a company after its case is admitted by the National Company Law Tribunal (NCLT). The committee submitted its report to the government o...

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Modi government has bad news for Indians dreaming of easy money via bitcoins
Posted Date : 20-Jan-2018 , 01:39:36 pm | Posted By CASANSAAR

Bitcoin, the cryptocurrency that has become the craze all over the world, is a hit with a lot of Indians too. More than $3.5 billion worth of transactions in the cryptocurrency have been conducted in India over a 17-month period, according to the income tax department. Bitcoin has the allure of any ...

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Category : Bitcoins | Comments : 0 | Hits : 972

Trading in Bitcoin, Ethereum illegal - Finance Minister
Posted Date : 03-Jan-2018 , 08:54:39 am | Posted By CASANSAAR

Bitcoins or such crypto-currencies are not legal tender and those indulging in such transactions are doing it at their own risk, Finance Minister Arun Jaitley said today as MPs expressed concern over trading on these platforms. During the Question Hour in Rajya Sabha, DMK member Kanimozhi sought ...

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Category : Bitcoins | Comments : 0 | Hits : 1121

Trade in bitcoins at your own risk, Finance Ministry warns users
Posted Date : 29-Dec-2017 , 11:21:21 am | Posted By CASANSAAR

The recent Bitcoin surge has triggered a ponzi scheme fear, forcing the finance ministry to flag it on Friday.  "VCs (virtual currencies) such as bitcoins don't have any intrinsic value and are not backed by any kind of assets. The price of bitcoin and other VCs therefore is entirel...

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Bitcoin exchanges may come under ED scanner
Posted Date : 21-Dec-2017 , 09:19:33 am | Posted By CASANSAAR

The enforcement directorate (ED) plans to scrutinize bitcoin exchanges to check for potential violations of foreign exchange rules by the exchanges and cryptocurrency investors, said two ED officials aware of the matter. The move follows a survey by the income-tax (I-T) department to determine ho...

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Bitcoins - Income Tax notices to 4-5 lakh HNIs across the country
Posted Date : 19-Dec-2017 , 08:05:55 am | Posted By CASANSAAR

Widening its probe into bitcoin investments and trade, the Income Tax department is set to issue notices to 4 to 5 lakh high networth individuals (HNI) across the country who were trading on the exchanges of this unregulated virtual currency.  The taxman had conducted surveys at nine su...

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