SC Explains When Shares Received After Company Amalgamation are Taxable as Business Income  ||  SC: Excavators, Dumpers Etc Used Within Factories aren’t Motor Vehicles For Road Tax Purposes  ||  SC: Complaints Alleging Fraud under Companies Act Can Be Filed Only By SFIO, Not By Private Parties  ||  SC: Preventive Detention Cannot Override Bail and Requires Proof of a Threat to Public Order  ||  Supreme Court: Multiple Complaints Are Valid For Dishonour of Several Cheques in One Transaction  ||  SC: Bail Should Not be Refused Mechanically Nor Granted Based on Irrelevant Considerations  ||  Gujarat HC: Motor Accident Compensation Doesn’t Cover Medical Expenses Paid by Charity  ||  HP High Court: Panchayati Raj Elections Cannot Be Postponed Beyond Five-Year Term  ||  Ker HC: Victim Cannot File Second Appeal Seeking Special Leave Against Acquittal Under S.419(4) BNSS  ||  Delhi HC: Right to Higher or Professional Education is Fundamental and Cannot be Curtailed Lightly    

Government Proposes to Introduce Cryptocurrency and Regulation of Official Digital Currency Bill - (24 Nov 2021)

CIVIL

Central Government has proposed to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. As per the list of business, the Bill seeks to prohibit all private cryptocurrencies in India. However, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses. The Bill also seeks to create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India.

Tags : CENTRAL GOVERNMENT   AND REGULATION OF OFFICIAL DIGITAL CURRENCY BILL   2021  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved