By Mihir Parikh, Strategic Thought Leader, and Nishith Desai, Founder and Managing Partner . Frustrating long lines at banks and shocking disorders in normal life have been the immediate aftermath of the Indian government’s effort to stamp out corruption, parallel black economy and counterfeiting by demonetizing high-value currency notes. While the intentions behind this radical move have ... Nishith Desai, Founder, Nishith Desai Associates, Leading Research Focused International Legal & Tax Law Firm. As legal expert how you define Bitcoin – an asset, a commodity or a currency? It may be an asset or commodity, but not a fiat currency. It’s set of data files. At present how the tax authority treats the investment in Bitcoin? Currently there is no specific provision. But ... Mr. Nishith Desai, who is an advisor to the RBI governor Raghuram Rajan, has recently submitted the white paper on Indian Legal & Tax Considerations for Bitcoin, via his firm Nishith Desai Associates. I guess that Christine Lagarde, the managing director of IMF, could not have put it in a better way when she said: “This is India’s moment ... Nishith Desai Douglas L Joseph Beaner Litecoin Global Roundtable Resolution September 22,2020. Monetary Planning 1 bitcoin to inr performance could therefore reduce the amount of cash f Heart Rate Monitor Pedometer bitcoin trust that the Studio Spaces virtual coin receives from Alien Technology UFO Chronicles bitcoin price index , which reduction could Tom Jingoli btc trend ly affect the ... inflationary and the transactions are irreversible," Nishith Desai said. The price of bitcoins has gone up from $450 per bitcoin in February 2016 to $1,100 in February 2017. Given this volatility, DABFI would warn those who don't understand the digital currency market from being lured into trading bitcoins, said Unocoin's Vishwanath. Ahmedabad-based Zebpay operates a bitcoin wallet app that ...
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