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Crypto Taxes Generated $78 Million in Kenya, Authorities Target Over $460 Million
Between 2023 and 2024, the Kenya Revenue Authority collected taxes from 384 digital asset dealers. Over the next five years, the KRA aims to raise KES 60 billion (roughly $464 million) from participants in Kenya’s Web3 ecosystem.
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Elon Musk's X Files Lawsuit Accusing Advertisers of Boycotting Platform
Elon Musk-owned X has filed a lawsuit in federal court in Texas against the World Federation of Advertisers, Unilever and Danish renewable energy company Orsted, in addition to Mars and CVS Health. The lawsuit has alleged that advertisers have collectively withheld billions of dollars in advertising revenue from X.
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GST Revenues Hit Record Rs 2.10 Lakh Crore In April. Here's What Led To It
Goods and Services Tax collections grew 12.4 per cent to a record high of Rs 2.10 lakh crore in April, aided by strong economic momentum and increased domestic transactions and imports, the finance ministry said today.
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Punjab Cabinet Okays New Excise Policy, Aims At Over Rs 10,000 Crore Collections
The Punjab cabinet gave its nod on Saturday to the excise policy for 2024-25, which is aimed at garnering revenue to the tune of more than Rs 10,000 crore from the sale of liquor.
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Kerala's Sabarimala Temple Collections Cross Rs 200 Crore In 5 Weeks
The revenue collection at Sabarimala crossed Rs 200 crore today as the first leg of the two-month-long annual pilgrimage season is set for culmination with the auspicious Mandala Pooja on December 27.
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Bhagwant Mann Details How Punjab Used Rs 50,000 Crore Borrowed Funds
Punjab excise collections have increased by a whopping 37% in the past financial year, Chief Minister Bhagwant Mann has told Governor Banwarilal Purohit, detailing the sustained growth in revenue under the AAP government.
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Google to Pay Over $155 Million to Settle Claims About Tracking Location Data
Google agreed to pay $155 million (nearly Rs. 1,300 crore) to settle claims by California and private plaintiffs that the search engine company misled consumers about how it tracks their locations, and used their data without consent. Both settlements resolve claims that the Alphabet unit deceived people into believing they maintained control over ...
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GST Revenues Rise To Rs 1.65 Lakh Crore In July On Anti-Evasion Measures
GST collection rose 11 per cent to over Rs 1.65 lakh crore in July as a result of anti-evasion measures and higher consumer spending.
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Facebook Parent Meta Fined AUD 20 Million for Undisclosed User Data Collection
An Australian court ordered Facebook owner Meta Platforms to pay fines totalling AUD 20 million (nearly Rs. 110 crore) for collecting user data through a smartphone application advertised as a way to protect privacy without disclosing its actions. The fine wraps up one strand of Meta's legal issues in Australia related to its handling of user infor...
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Oppenheimer Outsells Barbie in Tickets Sales in India, Selling 1.4 Million Tickets During Opening Weekend
Oppenheimer has outsold Barbie in ticket sales in India, as per the ticketing website BookMyShow. As of July 23, the Christopher Nolan-directed biopic started strong, with a 74 percent contribution to the overall box office revenue from India, selling 1.4 million tickets. Meanwhile, the Margot Robbie-led Barbie wasn’t trailing that far behind, se...
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Arvind Kejriwal Credits "Honest Governance" For Delhi's Rising GST Revenue
GST collections in Delhi NCT have been rising consistently over the past several years.
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All Panchayats To Be UPI-Enabled By Aug 15, Training Camps Planned: Centre
All panchayats across the country will mandatorily use digital payments for all development work and revenue collection this Independence Day onwards, and will be declared UPI-enabled, a letter issued by the Panchayati Raj Ministry said.
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Rs 1,70,000 Crore Collected In Revenue For April 2023: Centre
The Centre on Wednesday said it received Rs 1,70,501 crore in revenue for April 2023, comprising Rs 1,58,901 crore in taxes, Rs 10,958 crore of non-tax income and Rs 642 crore of non-debt capital receipts.
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Japanese Airline Major ANA Launches NFT Marketplace Themed Around Aeronautics: Details
Japan’s ANA airlines has launched its own online marketplace for the trade, sale, and purchase of non-fungible tokens (NFTs). The first collection went live on ANA GranWhale on May 30. It showcases the works of Luke Ozawa, an aerial photographer, in the form of digital collectibles, also called NFTs. The second collection on this platform will go...
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Bitcoin-Based Ordinals NFTs Surge in Sales; Ethereum Retains Top Spot as Digital Collectibles Host
The Bitcoin blockchain is now picking pace in competing with Ethereum to make a significant mark on the NFT sector. Bitcoin-backed NFTs reportedly managed to garner around $173.28 million (roughly Rs. 1,433 crore) in revenue in the last thirty days. BTC miners, who validated Ordinal inscriptions on the Bitcoin blockchain, managed to collect fees wo...
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Crypto Taxes Generated $78 Million in Kenya, Authorities Target Over $460 Million
Between 2023 and 2024, the Kenya Revenue Authority collected taxes from 384 digital asset dealers. Over the next five years, the KRA aims to raise KES 60 billion (roughly $464 million) from participants in Kenya’s Web3 ecosystem.
-
Elon Musk's X Files Lawsuit Accusing Advertisers of Boycotting Platform
Elon Musk-owned X has filed a lawsuit in federal court in Texas against the World Federation of Advertisers, Unilever and Danish renewable energy company Orsted, in addition to Mars and CVS Health. The lawsuit has alleged that advertisers have collectively withheld billions of dollars in advertising revenue from X.
-
GST Revenues Hit Record Rs 2.10 Lakh Crore In April. Here's What Led To It
Goods and Services Tax collections grew 12.4 per cent to a record high of Rs 2.10 lakh crore in April, aided by strong economic momentum and increased domestic transactions and imports, the finance ministry said today.
-
Punjab Cabinet Okays New Excise Policy, Aims At Over Rs 10,000 Crore Collections
The Punjab cabinet gave its nod on Saturday to the excise policy for 2024-25, which is aimed at garnering revenue to the tune of more than Rs 10,000 crore from the sale of liquor.
-
Kerala's Sabarimala Temple Collections Cross Rs 200 Crore In 5 Weeks
The revenue collection at Sabarimala crossed Rs 200 crore today as the first leg of the two-month-long annual pilgrimage season is set for culmination with the auspicious Mandala Pooja on December 27.
-
Bhagwant Mann Details How Punjab Used Rs 50,000 Crore Borrowed Funds
Punjab excise collections have increased by a whopping 37% in the past financial year, Chief Minister Bhagwant Mann has told Governor Banwarilal Purohit, detailing the sustained growth in revenue under the AAP government.
-
Google to Pay Over $155 Million to Settle Claims About Tracking Location Data
Google agreed to pay $155 million (nearly Rs. 1,300 crore) to settle claims by California and private plaintiffs that the search engine company misled consumers about how it tracks their locations, and used their data without consent. Both settlements resolve claims that the Alphabet unit deceived people into believing they maintained control over ...
-
GST Revenues Rise To Rs 1.65 Lakh Crore In July On Anti-Evasion Measures
GST collection rose 11 per cent to over Rs 1.65 lakh crore in July as a result of anti-evasion measures and higher consumer spending.
-
Facebook Parent Meta Fined AUD 20 Million for Undisclosed User Data Collection
An Australian court ordered Facebook owner Meta Platforms to pay fines totalling AUD 20 million (nearly Rs. 110 crore) for collecting user data through a smartphone application advertised as a way to protect privacy without disclosing its actions. The fine wraps up one strand of Meta's legal issues in Australia related to its handling of user infor...
-
Oppenheimer Outsells Barbie in Tickets Sales in India, Selling 1.4 Million Tickets During Opening Weekend
Oppenheimer has outsold Barbie in ticket sales in India, as per the ticketing website BookMyShow. As of July 23, the Christopher Nolan-directed biopic started strong, with a 74 percent contribution to the overall box office revenue from India, selling 1.4 million tickets. Meanwhile, the Margot Robbie-led Barbie wasn’t trailing that far behind, se...
-
Arvind Kejriwal Credits "Honest Governance" For Delhi's Rising GST Revenue
GST collections in Delhi NCT have been rising consistently over the past several years.
-
All Panchayats To Be UPI-Enabled By Aug 15, Training Camps Planned: Centre
All panchayats across the country will mandatorily use digital payments for all development work and revenue collection this Independence Day onwards, and will be declared UPI-enabled, a letter issued by the Panchayati Raj Ministry said.
-
Rs 1,70,000 Crore Collected In Revenue For April 2023: Centre
The Centre on Wednesday said it received Rs 1,70,501 crore in revenue for April 2023, comprising Rs 1,58,901 crore in taxes, Rs 10,958 crore of non-tax income and Rs 642 crore of non-debt capital receipts.
-
Japanese Airline Major ANA Launches NFT Marketplace Themed Around Aeronautics: Details
Japan’s ANA airlines has launched its own online marketplace for the trade, sale, and purchase of non-fungible tokens (NFTs). The first collection went live on ANA GranWhale on May 30. It showcases the works of Luke Ozawa, an aerial photographer, in the form of digital collectibles, also called NFTs. The second collection on this platform will go...
-
Bitcoin-Based Ordinals NFTs Surge in Sales; Ethereum Retains Top Spot as Digital Collectibles Host
The Bitcoin blockchain is now picking pace in competing with Ethereum to make a significant mark on the NFT sector. Bitcoin-backed NFTs reportedly managed to garner around $173.28 million (roughly Rs. 1,433 crore) in revenue in the last thirty days. BTC miners, who validated Ordinal inscriptions on the Bitcoin blockchain, managed to collect fees wo...
