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Entrepreneur Staff
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Will India Lose More Than Gain From a Crypto Ban?
While it is still to be seen in what way, if at all, the digital tokens will be banned, stakeholders are on tenterhooks given it may wipe away the entire industry in the country, thriving in rest of the world
Cryptocurrency Bill Suggesting a Possible Ban to Be Introduced Soon
An inter-ministerial committee (IMC), which was constituted to study the issues and propose specific actions related to cryptocurrencies, has recommended in its report that except any virtual currencies issued by the government, all private cryptocurrencies will be prohibited in the country, said Finance Minister Nirmala Sitharaman responding to a question in the Rajya Sabha
Fintech Hub at GIFT City, INR 1,500 Cr for Digital Payments
While tabling the Budget on Monday, finance minister Nirmala Sitharaman announced setting up of a 'world-class' fintech hub at GIFT City in a bid to bolster innovation in the fintech industry
Budget 2021: Cheer for Senior Citizens, PF Contributors to be Hit
The interest income on PF contributions above INR 2.5 lakh per annum will now be taxed at the normal rates
FDI Cap for Insurance Increased To 74%; IPO for LIC; 2 PSBs & 1 GIC To See Disinvestment
FM Nirmala Sitharaman announced a divestment target of INR 1.75 lakh crore for FY22
Fintechs Want Better Fund Flow, Lower GST and Regulations in Cryptos
The financial technology space is expecting a differentiated treatment in the upcoming Budget