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What Has Changed? Previously, tax officials could enter and search physical locations suspected of holding undisclosed assets, but digital assets were largely outside their reach. The new bill, set to take effect from April 2026, explicitly brings digital platforms under the tax net. Now, if authorities have โreason to believeโ that a taxpayer is withholding information, they can demand access to any digital account and forcibly bypass security measures if access is denied.
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Finance Bill 2025: Crypto Assets Under Greater Scrutiny! ๐จ The Indian government is tightening regulations on crypto-assets with key amendments in the Finance Bill 2025: ๐น Expanded Definition of Virtual Digital Assets (VDAs):The definition unde
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๐ฃ In a New York prison, inmates are allowed to play PlayStation to encourage good behavior. ๐ฎ This came to light after the Department of Corrections purchased game discs worth $59,260. In total, officials bought 1,247 copies of Mortal Kombat 1, St
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Breaking News: Australia Dismisses Elon Musk's Internet Control Claims 24 November 2024 โ The Australian government has firmly denied Elon Muskโs recent accusation that it is attempting to control internet access. Musk, CEO of X (formerly Twitter),
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๐ Cybersecurity, also known as security, is paramount in today's digital age. It's the practice of safeguarding the confidentiality, integrity, and availability of information by fortifying networks, devices, and data against unauthorized access o
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Protecting organizational assets is paramount in today's digital landscape. To ensure comprehensive asset protection, organizations must address multiple potential threats: 1. External Risk: External threats, such as hackers and cybercriminals, pose
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Continue-Tax and Accounting Compliance within the Online Gaming Sphere!! Value of supply of online gaming including online money gaming Value =Total paid or payable to or deposited with the supplier by way of money or money's worth, including virtu
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๐ธ25 Basic terms you should know before watching Budget 2025 on Feb 1 Finance Minister Nirmala Sitharaman is preparing to present the Union Budget 2025, marking the second full budget of Prime Minister Narendra Modiโs government in its third term, a
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๐ Understanding ZeroLogon: Microsoft's Netlogon Vulnerability ๐ ZeroLogon, a critical vulnerability in Microsoftโs Netlogon authentication protocol, underscores the vital importance of robust cybersecurity measures. An authentication protocol ser
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๐ป Embracing Cloud Security: Ensuring Data Protection in the Digital Realm ๐ Cloud security is more than just a buzzword; it's a critical process ensuring that assets stored in the cloud are properly configured and access is restricted to authorize
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