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India’s taxation framework and the intent behind it In recent years, India has found itself amid a promising Web3 landscape, characterized by a remarkable surge in startups. This evolution, however, has been accompanied by a taxation framework, one that has created implications within the country's Web3 ecosystem. The Finance Act, 2022 introduced Section 194S, which imposed TDS at the rate of 1% on sale of VDAs in India from 1st July 2022. Further, a high rate of income tax of 30% was also introduced on any income from transfer of VDA from 1st April. There are also further restrictions on available deductions and treatment of losses, with no setoffs allowed against other crypto gains. The objective behind these measures was three-fold: tracking VDAs transactions by Indian residents, discouraging speculation and trading, and building guardrails around VDAs for safeguarding Indian interest and ensure financial stability.

Track Asian Games LIVE medal tally here.Several members of the Indian shooting contingent returned to Delhi on Sunday receiving a grand welcome following their successful campaign at the ongoing 19th Asian Games.As the players walked out of the terminal, a crowd of enthusiastic fans who had gathered outside the airport greeted them with garlands. Numerous supporters and families of Indian shooting athletes had eagerly awaited their arrival at the airport.Indian trap shooters made it a spectacular last day of shooting contests in Hangzhou, with the men's team winning gold and Kynan Chenai collecting bronze after the women won team silver at the Asian Games.Prime Minister Narendra Modi showered accolades on track and field athlete Avinash Sable after he clinched a gold medal in the 3000m steeplechase in the Asian Games on Sunday.

Indian Air Force is firmly on the path of indigenisation, with recent acquisitions resulting in a Rs 70,000 crore boost to the domestic economy, Air Chief Marshal VR Chaudhari told ET, adding that there has been a quantum increase in defence exports as well which will have a positive cascading impact on the economy in the coming years. The Air Force has been on a 'Make in India' drive, with more than 200 locally designed and developed light combat aircraft (LCA) set to be inducted and a range of helicopters, including attack choppers, set to be ordered soon. While 83 LCA Mk1A fighters have already been ordered, the air force has also moved a proposal to add 100 of the variant in an order that is expected to be of the tune of Rs 66,000 crore. The Air Force and Army are also working on inducting 156 'Prachand' light combat helicopters (LCH), at a cost of about Rs 50,000 crore. «Cash outflow to the Indian economy has been approximately Rs 70,000 crore through indigenous purchases.

After rising about 80% in the first two quarters of 2023, Bitcoin (BTC) fell roughly 11% in the third quarter ending September. However, there is a silver lining for the bulls because they managed a positive monthly close in September, the first since 2016.

Google's generative AI chatbot and ChatGPT rival Bard might get a new «Memory» feature that will remember important details about you and your preferences, media report said. According to an early version of Bard's UI viewed by 9to5Google, the feature will let the AI chatbot keep track of specific details you share with it and use them to improve future results.

ALSO READ: Asian Games 2023 LIVE Updates Earlier, Commonwealth Games bronze medallist Jaismine Lamboria crashed out of the 60kg contest after conceding a second round to North Korean boxer Won Ungyong in her quarterfinal bout. As per details, two-time world champion Nikhat Zareen (50kg), Preeti Pawar (54kg), Lovlina Borgohain (75kg ) and Narender Berwal ( 92kg) have already secured Olympic quotas in their respective categories. India's Tajinder Pal Singh Toor registered 19.83m in his last throw and he has defender his Asian Games gold medal in the shot put event.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com .

Blockchain-based financial instruments called crypto synthetic assets imitate the value and behavior of actual assets or financial instruments.

full human review. The immigration authority clarified that only an IRCC officer can refuse an application; the automated tools do not refuse or recommend refusing applications.

PTI quoted FIEO report as saying. The Federation of Indian Export Organisations (FIEO) also said that a note of caution is warranted regarding a distinct spike in export growth of roughly $40 billion as this particular surge is likely attributed to a rerouting of crude oil trade routes via India to Europe. It added that this phenomenon may not be sustainable in the coming years.

Code 2023 that the company noted a 3.7 percent drop compared to Musk's figures from the previous year, resulting in a loss of nearly 15 million users. She further mentioned that X's goal is to achieve profitability by 2024 and highlighted that 90 percent of the top 100 advertisers have returned to the platform in the past 12 weeks. Reportedly, Yaccarino emphasized that she has been in her role at X for just 12 weeks.

Coal shipments fell more than a fifth in the month to the end of August, recording their lowest level for that period out of the Port of Newcastle, the world’s busiest export terminal for the resource, in at least five years.

₹21-crore IPO. Revenues of this Mumbai-based content creator for TV channels and streaming platforms have surged at an average annual rate of 65% in the last three years to ₹48 crore in 2022-23. Similar growth buoyancy is seen among the top 10 constituents of the BSE SME IPO index, as on 31 August.

London | Macquarie has taken the unusual step of making a public and hostile takeover bid for a listed company, the European waste management group Renewi, only to be firmly rebuffed.

₹7 lakhs per financial year per individual will be restored for TCS on all categories of LRS payments through all modes of payment, regardless of the purpose. In an exclusive interview, Virender Bisht, Co-founder & CTO at Niyo, explains all that one needs to know about the new TCS rate and how it will impact financing education and buying international travel packages. As per the Central government’s June 30, 2023, notification, remittances for education include: The regular remittance by students for education purposes is not expected to have any major impact post October 1 TCS changes.

Madhya Pradesh, Rajasthan and Telangana. Sources informed ANI that Prime Minister Narendra Modi, BJP President JP Nadda, and Home Minister Amit Shah will also participate in the meeting along with other members of the election committee. The saffron party also held a CEC meeting on September 13 to discuss the Madhya Pradesh and Chhattisgarh elections at the party's headquarters in the national capital.

U2's highly anticipated 25-night run at Las Vegas' Sphere officially kicked off, and fans are now eager to know the setlist for the iconic band's performances. The setlist for «U2: UV Live at Sphere Las Vegas» is here and offers an intriguing mix of classic tracks, new releases, and even a section dedicated to various albums from their catalog. The setlist opens with the iconic «Achtung Baby» album, but with a twist. The album's tracks are split into two sections. After the first eight numbers, the show transitions into semi-acoustic mode for four songs that are not part of «Achtung Baby» before returning to the album's remaining four tracks. In a unique move, U2 has dedicated a mid-section of their performances to a different album each night during this Las Vegas run. The opening night featured songs from «Rattle and Hum,» possibly influenced by the presence of the album's producer, Jimmy Iovine, who was in the audience. This dynamic segment adds an element of surprise to each show, as fans can anticipate different albums being spotlighted on different nights.

Tupac Shakur. Duane “Keffe D” Davis, a name long associated with the investigation, now faces apprehension on charges related to Shakur's tragic demise. This arrest follows a renewed spotlight on the case in July when authorities executed a search warrant connected to the rapper's fatal shooting. Here's a concise breakdown of the critical facets: Recent Arrest and Developments Duane “Keffe D” Davis, a figure with ties to Tupac Shakur's murder, has been taken into custody.

Python Development Companies in India is a prudent step to finding a partner capable of turning your project vision into reality. BrainerHub Solutions takes the lead among the Python Development Companies in India, thanks to its innovative approach and a team of skilled professionals. With a rich history of delivering successful Python projects, they have carved a niche for themselves in the competitive tech market.

Anil Agarwal, the feisty entrepreneur who founded Vedanta in the 1970s as a scrap trading business and built it into a mines-and-minerals conglomerate by buying sick companies and turning them around, told ET in April that he wants to leave behind a legacy rivalling that of the Tatas, with a sprawling conglomerate run by professionals. «As far as my credibility is concerned, 99% people think I am the best,» he said. «But the 1% people who matter, take a little time (to trust my credibility),» he said.

Punjab farmers demanding compensation for crops damaged in the recent floods, a legal guarantee on MSP and a sweeping debt waiver entered its third day on Saturday. The agitation has hit the movement of trains, with many being cancelled, short-terminated or diverted, railway officials said. The farmers have been blockading railway tracks at several places in Faridkot, Samrala, Moga, Hoshiarpur, Gurdaspur, Jalandhar, Tarn Taran, Sangrur, Patiala, Ferozepur, Bathinda and Amritsar since Thursday as part of their three-day agitation.