Category: Bitcoin

Bitcoin, Cryptocurrency, News
Government considers imposing 18% GST on Bitcoin trade

Bitcoin has had a stellar run this year, after recently scaling the $20,000 summit. It is now trading at $26,500 after having hit an all-time high of $28,000. Seeing this growth, the government too wants a piece of the action and is mulling over imposing 18% GST on Bitcoin trade. This move is a U-turn from the government’s previous stance where it had declared Bitcoin as being illegal. Imposing a tax on cryptocurrencies would legitimize all transactions and increase the acceptance and usage of cryptocurrencies.

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Analysis and Opinions, Bitcoin, Personal Finance
How to asset allocate?

The burning question on everybody’s lips during the pandemic is “How to asset-allocate to ensure a bright future?”. Many have seen their wealth erode by being too “equity-heavy” or have seen inflation eat away their wealth by holding too much cash in hand.Since not all assets carry the same risk reward ratio, it is very important to have the right combination of assets to ensure achievement of goals and financial freedom.

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