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Govt may fine tune crypto tax rules; 5G windfall for IT firms

Sources tell us the government may fine tune the tax rules and also widen the definition of “virtual digital asset” to account for rapid changes in this ever-evolving space.

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India leads in digital skills readiness: Salesforce Global Index

India had the highest digital readiness score of 63 out of 100, with 72% respondents saying they were actively learning digital skills to prepare themselves for the future of work.

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PE firms went on a hiring spree in record-breaking 2021

About 310 mid-to-senior level appointments were made last year, the highest in at least five years, data shows. This is up from about 200 moves in 2020, 165 moves in 2019, and just over a hundred each in the previous two years.

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Country Delight eyes $100 million, value may touch $550 million

Temasek, Venturi, Premji Invest may fund firm

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Virtual digital assets may get a broader definition

Bid to cover any new product that may emerge; provision to tax assets may also be fine-tuned

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Crypto exchanges to brief policymakers on TDS tangles

According to the provisions of this year’s finance bill, the buyer of a cryptocurrency has to deduct 1% of the sale consideration and pay the amount as an advance tax to the government on behalf of the seller on every trade.

from Tech-Economic Times https://ift.tt/I1WofdP

Startups set to loosen purse strings for bigger pay hikes

Compensation experts said average salary increments at startups are likely to be in the range of 12-15% and among the highest across sectors.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...