Central govt working to categorise cryptocurrency under GST law The central government is working on categorising cryptocurrencies under the GST law so that tax may be charged on the whole transaction value, as per a report by the Mint. Financial services rendered by crypto exchanges currently attracts 18 % GST. UPI lite to be launched for offline transactions The National Payment Corporation of India's Unified Payment Interface (UPI) will now be available offline for small-value transactions. UPI lite is being touted as an on-device wallet, but the app's release date is yet to be disclosed, The Indian Express reported. CERT-In alerts Google Chrome users in India of cyber attack The Indian Computer Emergency Response Team (CERT-In) issued a warning stating that Google Chrome is particularly vulnerable to cyber attacks due to several vulnerabilities in the browser, as per The Indian Express. Google Chrome users should upgrade their browsers immediately to avoid targetted assaults. The vulnerabilities impact only Chrome versions previous to 98.0.4758.80, according to CERT-In. Madras HC declines to drop defamation lawsuit involving Twitter The Madras High Court declined to release Twitter from a defamation lawsuit filed by film director Susi Ganesan against poet and filmmaker Leena Manimekalai, as well as other film stars and social media companies, according to The Print. Reliance Retail buys 89% stake in D2C brand for $125 million Reliance Retail has purchased an 89% stake in direct-to-consumer brand Clovia for $125 million to grow its footprint in the clothing and inner-wear categories, Techcrunch reported. Reliance Retail has previously acquired online lingerie…
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