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Since Bitcoin’s legal status in not fully clear (even to U.S. regulators), it is very difficult for Crypto Exchanges to stay compliant with local laws. It is unclear whether governments consider Bitcoin to be a “currency” or a “commodity”. Depending on how Bitcoin is classified,…
The intent of Government is always to make a simple law but sometimes the results are just the opposite. The same happens when an NRI claims the deduction on interest income. Lets see Implications of Section 80TTA for NRI - India Updated 2026. For a…
Today, I will discuss about a case which revolved around on Taxation of Gifts in India - Updated 2026. One of my clients reached out to me with the following query - I want to gift 5 lakhs from my tax paid income to my…