Banking and Taxation Law

Taxation of cryptocurrencies in India

Abstract Cryptocurrencies have emerged as a disruptive force in the global financial landscape, challenging traditional monetary systems and regulatory frameworks. India has witnessed a significant surge in cryptocurrency adoption and trading in recent years. As these digital assets gain popularity, the need to address their taxation becomes crucial to ensure a fair and efficient tax …

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Scrutinizing The Crisis Related To Gst Compensation To States- Analysing Its Impact And Repercussions

INTRODUCTION   What is GST Compensation?   Manufacturing States were concerned about a potential revenue loss as the nation transitioned to the Goods and Service Tax. The new system substituted a consumption-based taxing structure for one that was production-based. A compensation mechanism was put in place for five years to allay this concern. “Section 18 …

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Liability of banks in Fraudulent Transactions

Abstract The continuous presence of fraudulent activities in Banking Institutions is not a foreign concept. Banking frauds in India only prove that financial flexibility catalysts the trend of shallow markets to grow and spread speculation and tends to deteriorate the growth of the market in a peculiar way from which recovery seems extremely difficult. Revaluation …

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