Tax axe on bitcoin users across India

THE ECONOMIC TIMES Daily Newsletter

Tax notices slapped on cryptocurrency investors as trading hits $3.5 billion The tax department has asked people dealing in bitcoin and other virtual currencies such as ethereum and ripple to pay tax on capital gains.

5 things that made Ramdev's small business the FMCG giant it now is What was merely a small pharmacy just a decade ago is now an FMCG giant. Now it aims to overtake the country's biggest consumer goods company, Hindustan Unilever.

The big news from China? Its widely predicted implosion didn't happen All this adds up to one big thing: The place that accounts for more than a third of global growth is showing remarkable economic resilience.

3 examples to show where you may've been going wrong with your retirement plan Many people buy annuity/pension plans thinking that their retirement planning is taped up. Not much thought goes into inflation, medical expenses or longevity.

Benefits of investing in tax saving fixed deposits Tax-saving FD is one of the tax saving instruments where one can invest to save tax under section 80C of the Income Tax Act.

India joins Australia Group, boost for NSG entry India is now a member of the Missile Technology Control Regime, the Wassenaar Arrangement and now the Australia Group, three of four non-proliferation regimes. ​​​

20 AAP MLAs disqualified over office of profit If cleared by the President, the disqualification would mean that AAP's strength in Delhi Assembly will reduce to 47 from the existing 67.

What China has to say about new Doklam buildup Indian and Chinese troops had been locked in a stand-off for over two months last year in the Doklam area near Sikkim before "disengaging" on August 28.

From our Partners Making your first mutual fund investment Investors should also read the scheme related documents and understand the investment objective of the mutual fund scheme, know the securities in the scheme where money will be invested.

Public cloud market to rise by 53%: Akash Ambani Ambani, who is a director of Jio, said open source is very important for his company, which is participating in many projects including ONAP. Honda recalls 22,834 cars across India  The latest exercise takes the overall number of recalled vehicles, equipped with airbags manufactured by Takata, by the company to 3.13 lakh units in India.

Feb 1 is Modi's big chance to walk the reform talk It is pertinent to note that the present taxation regime for dividends is inefficient and increases the effective tax cost for the distributing company.

From our Partners Six smart things to know about bonus in insurance plans Not all life plans are eligible for bonus. Plans can either be participatory, thereby qualifying for bonus, or non-participatory, that do not qualify for bonus.

Kotak Mahindra Bank posts 28% YoY rise in Q3 PAT It had posted consolidated PAT of Rs 1,266.59 crore in the same quarter of 2016-17.

Budget 2018 may roll out tax sops for home buyers Currently, for a self-occupied property, in addition to the tax benefit on the principal amount, interest paid is deductible up to Rs 2 lakh per annum.

SAT refuses to lift SEBI ban on Price Waterhouse Sebi last week barred Price Waterhouse from auditing listed companies in the country for two years.

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