News for '-wrx'

11 crypto bourses evaded Rs 81.54-crore GST

11 crypto bourses evaded Rs 81.54-crore GST

Rediff.com29 Mar 2022

The Centre has recovered around Rs 95.86 crore from at least 11 crypto exchanges for evading goods and services tax (GST), according to data released by Parliament on Monday. The amount includes interest and penalty. The GST investigation department has detected a total tax evasion of Rs 81.54 crore by crypto exchanges that include WazirX, Coin DCX, CoinSwitch Kuber, Buy Ucoin, UnoCoin and Flitpay, among other exchanges. In a written reply to Lok Sabha, minister of state (MoS) for finance Pankaj Chaudhary said 11 cases of GST evasion by cryptocurrency exchanges have been detected by central GST formations.

Naren Kumar placed 18th after first day

Naren Kumar placed 18th after first day

Rediff.com31 May 2008

India's Naren Kumar weathered one of the toughest dirt tracks and engine problems to finish in the top-20 after seven special stages of the Ultimate Acropolis Rally in Greece on Friday.