You Searched For "FEMA"
WazirX offers $23 mn bounty to recover $234 mn lost in hack
The company invited white hat hackers, blockchain forensics experts, and cybersecurity professionals from around the world to join the recovery...
RBI comes out with draft to simplify licensing norms for money...
The Reserve Bank of India (RBI) has come out with a set of new draft norms aimed to simplify and rationalise the authorisation of money changers for...
Crypto trading volume on WazirX drops 90% to $1 bn amid regulatory...
Indian crypto exchange WazirX saw its trading volume nosedive to $1 billion in 2023 -- a massive 90 per cent drop from 2022 -- amid regulatory...
CoinDCX lays off 12% workforce
Prolonged bear phase in crypto space: Homegrown crypto exchange navigates through tough macro conditions and impact of TDS on domestic exchanges
I-T dept moots norms on Angel Tax
Draft rules on valuation of funding in unlisted startups for calculating Angel Tax will bridge the gap between the rules outlined in FEMA and I-T; But...
ED seizes Rs 8.26cr of Chinese edtech firm
New Delhi: The Enforcement Directorate on Friday said it has seized funds worth Rs 8.26 crore of a Bengaluru-based online education company, fully...
Survival of startups depends on their corporate governance ethics
The raids at Byju’s highlight many issues concerning corporate governance, domicile and taxation. The ongoing funding winter in the startup ecosystem...
No FEMA violations detected at Byju's: ED
While the searches revealed that the firm received FDI to tune of Rs28,000 cr during 2011- 2023, the material collected so far doesn’t indicate any...