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Taxman asks crypto bourses for trade info

Taxman asks crypto bourses for trade info SECTIONS Share Synopsis A fortnight ago, the income tax (I-T) department sent notices to at least three exchanges, asking them to share all ledger entries to find out the price, time, and number of coins sold by a trader. ETtech Illustration: Rahul Awasthi The tax office has sought all trade details from cryptocurrency exchanges, along with their financials, to catch profits made during the year-long bull-run in the tax net. A fortnight ago, the income tax (I-T) department sent notices to at least three exchanges, asking them to share all ledger entries to find out the price, time, and number of coins sold by a trader.

LIC IPO: Centre calls for Request for Proposals to appoint advisors

The government has said the initial public offer of Life Insurance Corporation would be “larger than any precedent”.  The Centre on Thursday called for Request for Proposals (RFPs) to appoint merchant bankers, legal advisers, registrar & share transfer agents and advertisement agencies for the offering. Advertisement “The potential size of the IPO is expected to be larger than any precedent in Indian markets. In order to achieve a successful IPO, it is the endeavour of the GoI to attract investment from institutional investors, both domestic and global, in addition to the retail investors,” said the RFQ document released by the Department of Investment and Public Asset Management (DIPAM).

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