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Cases of evasion of Goods and Services Tax by crypto exchanges have also been recorded, the response read.
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Cases of evasion of Goods and Services Tax by crypto exchanges have also been recorded, the response read.
India's central bank RBI has released a non-exhaustive list of unauthorized apps trading in foreign exchange (forex), says FEMA will apply to users
The smartphone manufacturer is once again in the crosshairs of Indian authorities.
The lack of norms makes it difficult to judge the legality of crypto transfers abroad, lawyers speaking to MediaNama noted.
Loopholes in FEMA and the decentralised nature of crypto-assets point to a need for effective regulations.
The ED notice comes at a time when the CCI is conducting its own investigation into Amazon and Flipkart while the government proposes regulatory...
Media and ecommerce company NDTV has received a show cause notice from the Enforcement Directorate (ED) for alleged Foreign Exchange Management Act (FEMA) violations. Prannoy...
Enforcement directorate raided the office of Buysellbit.co.in and RBItco, websites that let people buy and sell bitcoin.
