Ministry of Finance

Cryptocurrency still under crosshair in India

Cryptocurrency still under crosshair in India

December 19, 2021

Unlike gold, silver or physical banknotes, a cryptocurrency is a digital form of money in form of a few lines of code. Until now, no Central Bank has issued any cryptocurrency in the world, which are created by using blockchain technology and a cryptography network. The cryptogra...

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Decoding India’s Economic Survey 2018

Decoding India’s Economic Survey 2018

February 9, 2018

The Economic Survey 2017-18 presented by India’s Finance Minister ArunJaitley on 29 January conveyed caution as well as optimism, while scripting the way forward for the future.

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Aftermath of a hasty demonetisation and GST

Aftermath of a hasty demonetisation and GST

September 26, 2017

Consequent to demonetisation and the hasty implementation of the Goods and Services Tax (GST), unemployment is rising fast in India. Worried, the Narendra Modi Government is seriously studying all the economic indicators and is likely to present a stimulus package soon to revive ...

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Who will replace Raghuram Rajan, as Governor of Reserve Bank of India?

Who will replace Raghuram Rajan, as Governor of Reserve Bank of India?

June 27, 2016

After a series of tirades launched by Dr Subramanian Swamy, BJP Rajya Sabha (Upper House) member recently against him, Raghuram Rajan, the Governor of Reserve Bank of India decided not to seek a second term in office.

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India’s equalisation levy on Google and Facebook

India’s equalisation levy on Google and Facebook

June 1, 2016

Facebook, Google and other transitional online firms are now liable to pay an equalisation levy for all the digital services they provide in India. Will it solve the tax inconsistency related to the e-commerce or aggravate the complexity for mid-scale enterprises in India? Althou...

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