Prologue “India missed one bus with the Industrial Revolution – a certain boost in muscle power and we were not able to catch up for 300 years. Maybe, we didn’t jump on the second bus on time and that is – the electronic revolution or the computer revolution. And now…

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 in their countries. Buying cryptocurrencies is similar to buying stocks – Investors can purchase…

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 a virtual chain of blocks placed one after the other, where the blocks represent the transactions. Blockchains maintain a…

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 – Be it the internet, social…

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 system for electronic transactions without any third party involved…

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 step, and in the truest spirit, the smartest way,…

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 and hospitals could save us has been shaken, as people have died…

“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. Therefore, I have reason to believe that income has escaped assessment…