Category: Wealth
-
All you need to know about Pravasi Pension Scheme
The Kerala State Government has introduced the PPS, Pravasi Pension Scheme in April 2018 to help middle and lower-income groups of Keralites who are residing outside the country. The Pravasi welfare fund was created by the Kerala State Government to provide PPS to NRKs (Non-Resident Keralites) in India and NRKs abroad. Features of Pravasi Pension Scheme Plan…
-
Thailand Scraps 15% Cryptocurrency Capital Gains Tax After Public Backlash
Thai authorities have decided to suspend the implementation of their 15% cryptocurrency capital gains tax for now. The proposal presented earlier this year triggered a lot of opposition, but it seems that some sort of crypto tax will still be implemented. The Financial Times reports that Thailand will not move forward with its 15% cryptocurrency…
-
India to Enforce 30% Crypto Tax, Digital Rupee CBDC by 2022-23
As a means to boost the country’s economic growth, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital currency (CBDC) by 2022-23. While announcing the fund allocation in the Union Budget, Sitharaman highlighted the importance of digital inclusion across numerous business sectors. In addition to introducing a digital rupee, she said…
-
Hacker Siphons $80 Million Through Qubit Cross-Chain Bridge, Biggest Defi Exploit of 2022 to Date
A recent report released by the security-focused blockchain company Certik indicates that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. According to Certik, on January 27, 2022, a hacker siphoned several tokens from an exploit on Qubit Finance’s bridge. Certik says this is “by far the largest exploit…
-
Top Crypto Loan Platforms
A benefit of investing in cryptocurrency is the opportunity to use your crypto holdings as collateral for a loan, regardless of the fact that your holdings are relatively small. A similar practice is called securities-based lending in traditional markets, but it is typically only available to high-net-worth clients of private banks and large financial institutions.…
-
The Market Cap Of Cryptocurrencies has Reached Us$3 Trillion.
#Cryptocurrency market capitalization now stands at US$3 trillion! #CryptocurrencyMarketCap #GlobalCryptocurrencyMarketCap #CryptoMarketHits #CryptoMarketCapRises
-
Citizenship by Investment Programs In 9 Countries
Nearly 30 countries offer residence- or citizenship-by-investment programs. Currently, only nine countries provide a direct route to citizenship based on investment. Find out more about the investment, processing time, and key benefits of Citizenship by Investment programs in nine countries ((Source: www.henleyglobal.com). St Kitts & Nevis Established in 1984, St. Kitts & Nevis Citizenship…
-
Direct Income Tax Collection Increases By 100% In Last 12 Months! Rs 1.86 Lakh Cr Tax Collected
The Ministry of Finance announced on Wednesday that, for the financial year 2021-22, the net direct tax revenues by the Centre for the financial year 2021-22 have surpassed over Rs 1.85 lakh crore. Considering the disruptions to the economy caused by the Covid-19 pandemic, these results are extraordinary. Despite the economic slump, the net direct…
-
MP Couple Grows World’s Costliest Mangoes Priced At ₹2.7 Lakhs Per Kg; Hire Guards For Protection
As India celebrates its favourite mango season, a while back Noorjahan variety of mangoes created a buzz on social media. The Afghan origin, ”Noorjahan’, cultivated in Madhya Pradesh, sold at ₹500 to ₹ 1,000 apiece this season. And if you’re shocked with this royal variety of mangoes, wait till we reel you into the next…
-
2.5 Lakh SBI Employees Will Receive 15-Day Salary As Bonus!
According to the reports, State Bank of India (SBI) is going to pay its 2.5 lakh employees 15 days’ salary as performance-linked incentive for the previous fiscal. Due To Reporting A Net Profit This move comes after the largest public sector bank in the country reported a net profit of Rs 6,450.7 crore for the…