The Income Tax Department (IT) is currently investigating 50 to 60 reporting units, including co-operative banks, nidhi companies, foreign exchange dealers, and sub-registrars of immovable properties. These entities have been identified as having failed to provide information on financial transactions (SFT) during the last two financial years. The department hasContinue Reading

The sudden collapse of Silicon Valley Bank on Friday has sent panic through the technology industry. Officials and investors of crypto companies, which have been in decline for almost a year, have started preaching and targeting on this occasion. Crypto proponents blame the centralized banking system for this. Government regulatorsContinue Reading