Over 2,000 Indian startups which received 'angel financing' and other funding are under income-tax scrutiny.
Over 2,000 Indian startups which received 'angel financing' and other funding are under income-tax scrutiny
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#crypto #blockchain #startup
Crypto Vs Blockchain Startup
There are many Indian companies working actively in the crypto space. India's crypto industry attracts foreign funds, but local investors remain wary. Cryptocurrency has seen tremendous growth in the last one year and from a consumer and technology standpoint, India is an important destination for cryptos. The venture capital companies including Sequoia Capital India, Lightspeed India, Elevation Capital and others are warming up to India’s cryptocurrency and blockchain industry. Several international funds such as Pantera Capital and Coinbase Ventures, and entrepreneur investors like Mark Cuban, have been investing in blockchain and crypto startups founded by Indians.
The absence of regulatory approval and the possibility of a blanket ban has, however, kept most Indian funds at bay, despite the heightened interest in crypto and blockchain. Despite the regulatory uncertainty and the volatility of cryptocurrencies, Indian start-ups in the space saw funding grow 73% in the first six months of calendar 2021 compared to the whole of 2020.Total funding year-to-date in 2021 stood at $50.03 million against the $28.85 million raised by cryptocurrency-based start-ups in 2020, according to data from Tracxn. A report says, the lockdown in 2020 had led to increased activity in the cryptocurrency market as retail and institutional investors turned to this investment avenue as volatility hit the stock market. Blockchain faces hurdles, including volatility in cryptocurrency pricing and confusion and misunderstanding from many consumers about the technology and related financial services, experts say.
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Technology video | 240 views
Watch 50 Wealthy Indians To Face Tax Scrutiny For Buying Nirav Modi Jewellery With HD Quality
50 Wealthy Indians To Face Tax Scrutiny For Buying Nirav Modi Jewellery
आयकर विभाग ने 50 से अधिक ऐसे रसूखदार लोगों (एचएनआई) के आयकर रिटर्न का फिर से आकलन करने का फैसला किया है, जिन्होंने भगोड़ा हीरा कारोबारी नीरव मोदी की कंपनियों से महंगी ज्वेलरी खरीदी है.डीएनए की एक रिपोर्ट के मुताबिक आय कर विभाग ने इससे पहले कई लोगों को तलब कर उनसे आभूषण खरीद का स्रोत पूछ चुका है. इनमें से ज्यादातर ने कहा कि उन्होंने नीरव मोदी की कंपनियों को कोई नकद भुगतान नहीं किया है.इसके बाद विभाग ने उनके आईटीआर की नए सिरे से जांच का फैसला किया है.
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News video | 1034 views
Tax dept to promote faceless scrutiny. It will reduce tax harassment from Vijay Dashmi day, says Finance Minister Nirmala Sitharaman.
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Watch I-T dept to promote faceless scrutiny to reduce tax harassment: Nirmala Sitharaman With HD Quality
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Pandora's box is an artifact in Greek mythology connected with the myth of Pandora in Hesiod's Works and Days. The recent leakage of Pandora Papers brings newer light on the hidden dealings of the elite and corrupt. The total assets in question collectively would run into trillions of dollars. This is not the first leak, it is the third starting from Panama Papers to Paradise Papers and now Pandora Papers. It shows to the world what investigative journalism can deliver and that too when it is in a global collaborative mode. It is a leak of almost 12 million documents, files, emails and spreadsheets. This whole exercise has helped to expose the secret wealth and wheeling dealing they get into. It was a pure data based investigation, quite contrary to what we find in this country. The data was obtained by the International Consortium of Investigative Journalists in Washington DC and has led to one of the biggest ever global investigations. ICIJ is an US based not for profit, encompasses 280 of the best investigative reporters from more than 100 countries and territories. ICIJ wants to inspire and cultivate a global community of reporters and readers who believe journalism can bring about positive change.
The documents have been sourced from 14 financial services companies spreading across various countries including Panama, Switzerland and United Arab Emirates. The 2.9 terabyte leak is larger than the Panama Papers at 2.6 terabytes. The Pandora Papers leak is touted as the most expansive expose of financial secrecy. There are a cluster of 35 world leaders including current and former Presidents, Prime Ministers and heads of state. It also has within its fold 100 billionaires, celebrities and business leaders. It also has 400 public officials from 100 countries. There are well recognised companies which provide these services globally. The nitty gritty of the complex financial system with special expertise in offshore accounts, tax havens, shel
Technology video | 161 views
The latest release of offshore financial information has revealed little illegal activity, and will lack much of the punch that previous leaks enjoyed. However, it could still have significant consequences. While little direct regulatory action is in the offing, tighter reporting and disclosure of property holdings is the most likely outcome. The world was presented with yet another major offshore data leak on 3 October, 2021, courtesy of the International Consortium of Investigative Journalists. Branded the Pandora Papers by the media, the release contains 11.9 million files from various companies hired by wealthy clients to create structures and trusts in a range of offshore centres. While the cast of affluent individuals and high-profile politicians spans the world, there is little suggestion that the leak has revealed much in the way of illegal tax evasion. As such, there will likely be little direct impact on the wealth management industry or cases for tax authorities to prosecute.
The release does highlight the ability for affluent investors to use the offshore financial system to shelter assets from scrutiny - particularly property. The OECD’s Common Reporting Standard and the US’s FATCA have largely pealed back the secrecy surrounding financial accounts and securities. However, they have done little to force disclosure of non-financial assets such as property. Almost all of the high-profile disclosures in the Pandora Papers involve property in some shape or form. Many examples noted in the media involve property held via opaque offshore companies or trusts that shelter the beneficial owners from prying eyes, as well as saving them hefty tax bills. It is this entirely legal activity that is likely to grate the sensibilities of the average citizen - even if tax authorities are less exercised over it. Indeed, GlobalData’s 2021 Global Wealth Managers Survey found that property is the third most popular asset class among high net worth (HNW) offshore inv
Technology video | 181 views
An ancient scrap of papyrus makes explicit reference to Jesus having a wife?
The much-publicized discovery by a Harvard scholar that a 4th century fragment of papyrus provided the first evidence that Jesus was married is facing scrutiny from scholars around the world.
Experts in the illicit antiquities trade also wondered about the motive of the fragment's anonymous owner, noting that the document's value has likely increased amid the publicity of the still-unproven find.
Karen King, a professor of early Christianity at Harvard Divinity School, announced the finding Tuesday at an international congress on Coptic studies in Rome. The text, written in Coptic and probably translated from a 2nd century Greek text, contains a dialogue in which Jesus refers to 'my wife,' whom he identifies as Mary.
King's paper, and the front-page attention it received in some U.S. newspapers that got advance word about it, was a hot topic of conversation Wednesday during coffee breaks at the conference.
Christian tradition has long held that Jesus was unmarried, although there is no reliable historical evidence to support that. Any evidence pointing to whether Jesus was married or had a female disciple could have ripple effects in current debates over the role of women in the church.
Stephen Emmel, a professor of Coptology at the University of Muenster who was on the international advisory panel that reviewed the 2006 disco
Entertainment video | 848 views
French media has been under intense scrutiny over the past week -- with topless Kate Middleton pictures falling foul of the law, and caricatures of the prophet Mohammed scraping through to cause widespread offence among France's significant Muslim population.
News video | 669 views
When NSA leaker Edward Snowden revealed details of two National Security Agency surveillance programs, he spotlighted the risks of making so many employees of private contractors a key part of the U.S. intelligence apparatus.
News video | 624 views
The recent case of sex racket bust by Delhi Police has exposed the murky world where top defence personnel, politicians and corporates are in question. And now, the recent pictures of India's ODI cricket captain Mahendra Singh Dhoni with the alleged kingpin of the racket has surprised everyone.
News video | 541 views
Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
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Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
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Bigg Boss 18 LIVE: Girls And Boys Hostel Task, Vivian-Eisha, Avinash-Alice Ki Jodi
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Bigg Boss 18 LIVE: Girls And Boys Hostel Task, Vivian-Eisha, Avinash-Alice Ki Jodi
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Yeh Rishta Kya Kehlata | BSP Ke Sath Sukoon Se Soyi Abhira Aur Armaan Ki Masti
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Yeh Rishta Kya Kehlata | BSP Ke Sath Sukoon Se Soyi Abhira Aur Armaan Ki Masti
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Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
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Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
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Bigg Boss 18 LIVE: Vivian Ka Breakfast Janbuzkar Kha Gaya Digvijay
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Bigg Boss 18 LIVE: Vivian Ka Breakfast Janbuzkar Kha Gaya Digvijay
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Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail #bhagyalakshmi
Cameraman: Anil Vishwakarma
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Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail
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মানুহৰ জীৱনৰ ধৰ্ম আৰু কৰ্ম কিহৰ দ্বাৰা পৰিচালিত হয়?
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