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Company: High Court

Affle-PhonePe
Indians Rally Against 30% Crypto Tax, Petition Gain Steam With 35K Signatories Summary The petition makes many demands including a lower tax band for crypto assets, in line with sections 111A and 112A of the Income Tax Act, 1961 Many Indian startup founders have welcomed the tax, heralding it as a step towards a legal framework for the crypto industry But the Madras High Court has already set a precedent for the collection of tax from illegal sources A petition to reduce the 30% crypto tax being proposed in the Budget and introduce ‘more reasonable crypto policies’ in the country has gained a lot of steam, with more than 30k signatures at the time of reporting.

Indians Rally Against 30% Crypto Tax, Petition Gains Steam With 35K+ S...

A petition to reduce the 30% crypto tax being proposed in the…
CAIT Asks FM To Take Action Against Shopee On The Ground Of Predatory Pricing

FM Sitharaman Urged To Take Action Against “Chinese” App Shopee Over P...

The Confederation of All India Traders (CAIT) has penned a letter to…
India has been ranked second in global crypto adoption and sixth in DeFi adoption index.

PIL Filed In Bombay High Court, Seeks Crypto Regulations

A lawyer has filed public interest litigation (PIL) before the Bombay High…
Delhi High Court Rejects BharatPe’s Plea Against PhonePe’s ‘Pe’ Trademark

Delhi High Court Rejects BharatPe’s Plea Against PhonePe’s ‘Pe’ Tradem...

In a setback for homegrown fintech major BharatPe, the Delhi High Court…
Debate Rages Over New Tamil Nadu Ordinance To Regulate Online Gaming

Debate Rages Over New Tamil Nadu Ordinance To Regulate Online Gaming

The High Court of Madras was recently called upon to referee a…
Madras HC Quashes Tamil Nadu’s Ban On Online Card Games In State

Madras HC Quashes Tamil Nadu’s Ban On Online Card Games In State

The Madras High Court has struck down the Tamil Nadu government’s law…
Karnataka State Government Permits Electric Two-Wheelers To Run As Taxis

Karnataka State Government Permits Electric Two-Wheelers To Run As Tax...

The Karnataka government has announced a new policy that allows electric bike…
Madras High Court Admits Petition Challenging New IT Rules

Madras High Court Admits Petition Challenging New IT Rules

The Madras High Court on Thursday issued notice to the Union Government…
After Ambani’s 5G Pitch, DoT Says Spectrum Bands To Be Ready Soon

Delhi HC Dismisses Juhi Chawla’s Petition Against 5G Rollout, Imposes ...

A Delhi High Court bench dismissed a petition filed by actress Juhi…
India Roundup: Digital Media Cos Move Court Over IT Guidelines & More

News Roundup: Digital News Media Outlets Go To Court Against IT Guidel...

Last week, the Supreme Court had remarked that India’s new guidelines for…
startups - Indian entrepreneurs- Angel Tax Post Budget 2019: Will There Finally Be Relief Without Restrictions?

Will Delhi HC Ruling Be The Saviour For Indian Startups Held Back By A...

In a landmark judgement regarding angel tax and valuation methods adopted by…