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You might have come across the terms FIFO, LIFO, and HIFO when reading about cryptocurrency tax calculations. These terms are sometimes also referred to as different cost basis methods. Every time you sell a coin or token, for example selling BTC and receiving USD or INR in return, you have…
In our view following are the Reasons for recent volatility in Cryptocurrencies: Bitcoin markets operate 24/7, setting the stage for price swings at unpredictable hours. Many point to bitcoin's volatility as untenable. Indeed, Bitcoin makes severe and dizzying swings. Bitcoin had been under pressure after…
FEMA and RBI govern the FOREX Transaction Rules of India. RBI AND FEMA provide the guidelines for Sending Money Abroad from India depending on the purpose and nature of remittance. Under the various schemes and regulations of the FEMA Act, the limits of remittance for…