Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li><keyword id="2193792" type="PERSON" weightage="20" keywordseo="Dr-Gulshan-Rai">Dr Gulshan Rai</keyword> is India’s first and former cybersecurity coordinator. </li><li>He has been appointed as the <keyword id="11719073" type="UNKNOWN" weightage="20" keywordseo="Blockchain-and-Crypto-Assets-Council">Blockchain and Crypto Assets Council</keyword>'s (BACC) Advisory Board Member.</li></ul>The Blockchain and Crypto Assets Council (BACC), an industry body formed under the aegis of the Fintech Convergence Council of the <keyword id="128625" type="ORGANIZATION" weightage="20" keywordseo="Internet-and-Mobile-Association-of-India">Internet and Mobile Association of India</keyword> (IAMAI), has announced the appointment of Dr Gulshan Rai, India’s first and former cybersecurity coordinator, as its Advisory Board Member. Dr Rai is also serving as a distinguished fellow, ORF. Dr Rai has over 30 years of experience in information technology, including e-governance, cybersecurity, and cyber laws. He played an instrumental role in drafting national policies on cyber laws and cyber security. He represented the country in various internet governance and cybersecurity discussions. He had held several key positions under the Government of India. Dr Rai had served as the Director-General, CERT-in (Indian Computer Emergency Response Team), Ministry of Communications and Information Technology and Executive Director, ERNET India. He was also the group coordinator, e-security and cyber law division, Ministry of Communications and Information Technology, Government of India. Commenting on his appointment, Naveen Surya, Advisory Board Member, <keyword id="11779374" type="UNKNOWN" weightage="20" keywordseo="iamai-bacc">IAMAI-BACC</keyword>, said: “It’s a privilege and a proud moment for us to have Dr Rai on board. His vast experience will help shape BACC further and lay a very strong and secure foundation for this innovative industry. It’s an impetus for the industry, which is at a nascent stage but has bigger dreams. We feel privileged that Dr Rai’s rich experience will be tremendously beneficial for the council and continue to drive the industry in the right direction.” Dr Rai said: “I am extremely delighted to be an Advisory Board member of IAMAI-BACC. The council is playing an active role in paving the way for blockchain and crypto in the country in an appropriate manner. I am keen to share my contribution to the industry and excited to do my bit for the betterment and growth of our nation.” The Blockchain and Crypto Assets Council (BACC) is an industry body formed under the aegis of the Fintech Convergence Council of IAMAI to represent the crypto industry in India. BACC has been supporting the crypto industry since 2017. It was formed with the vision of doing public advocacy for the industry, to increase awareness about crypto and provide industry guidance. All major crypto exchanges are members of this industry body.

IAMAI-BACC appoints India’s first cyber security coordinator Dr Gulshan Rai as its Advisory Board Member

<ul class="summary-list"><li><keyword id="24691" type="General" weightage="60" keywordseo="snoop-dogg" source="Orion">Snoop Dogg</keyword> said on the Clubhouse app that he would make Death Row Records an NFT music label. </li><li>The rapper also said the record company will put artists out "through the <keyword id="11121339" type="General" weightage="60" keywordseo="metaverse" source="Orion">metaverse</keyword>."</li></ul>Snoop Dogg is bringing his recently acquired music label to the metaverse.The rapper turned crypto-entrepreneur announced on the Clubhouse app Wednesday that Death Row Records, which he bought earlier this month, would become an NFT label, <a href="https://fortune.com/2022/02/16/snoop-dogg-death-row-records-nfts/">Fortune initially reported</a>. Snoop Dogg made the announcement after joining a Clubhouse room created by Will Weinbach titled "I'm Not Leaving This Room Until Snoop Dogg Joins.""We will be putting out artists through the metaverse," he said, according to a <a href="https://www.youtube.com/watch?v=BoELGzKbzXw&amp;t=16s">YouTube recording</a>. "Just like we broke the industry when we was the first independent to be major, I want to be the first major in the metaverse."<a href="https://www.deathrowofficial.com/about.html">Death Row Records</a>, founded by Dr. Dre and Marion "Suge" Knight, helped launch Snoop Dogg's music career in the 1990s. Just last week, <a href="https://www.businesswire.com/news/home/20220209006117/en/Entertainment-Icon-Snoop-Dogg-Acquires-Death-Row-Records-Brand-from-Blackstone-Controlled-MNRK-Music-Group">he announced</a> he acquired the label from a Blackstone-controlled music company and said it was "an extremely meaningful moment" to have ownership.Snoop Dogg is one of the many celebrities leading the way into the world of <keyword id="2721952" type="General" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> and <keyword id="902592" type="General" weightage="60" keywordseo="nfts" source="Orion">NFTs</keyword>, which are generally defined as digital collectibles minted on the blockchain. Last April, he debuted his <a href="https://markets.businessinsider.com/news/stocks/snoop-dogg-announces-the-release-of-his-first-nft-collection-a-journey-with-the-dogg-1030260884">first NFT collection</a> on Crypto.com. Earlier this year, he teased the "<a href="https://www.businessinsider.com/celebrities-metaverse-hype-snoop-dogg-paris-hilton-snoopverse-2022-1">Snoopverse</a>," a metaverse on the Sandbox platform for virtual concerts and more. The entertainer, who performed at the 2022 Super Bowl halftime show, recently released his latest album "B.O.D.R," short for Bacc on Death Row, on the blockchain and made one of the songs available as an NFT, Fortune said.In a statement about the release, Snoop Dogg said the music industry "will always be changing." <a href="https://www.businessinsider.com/how-crypto-art-muscians-primary-income-nfts-record-labels-2021-3?utm_medium=ingest&amp;utm_source=markets">Insider previously reported</a> that the push into NFTs from artists like Snoop Dogg, DJ Steve Aoki, Halsey, and others, could upend the music industry, giving artists a potential revenue stream that trumps marginal income from <a href="https://www.businessinsider.com/what-is-streaming?utm_medium=ingest&amp;utm_source=markets">streaming</a> services."Blockchain tech has the power to change everything again and tip the table in favor of the artists and the fans," he said.

Snoop Dogg will take artists into the metaverse with his plans to make Death Row Records an NFT music label

<ul><li>Government is planning to bring changes to income tax laws to bring cryptocurrencies under the tax net in Budget 2022.</li><li>Also, it is likely to introduce a bill on cryptocurrencies during the Winter Session of Parliament.</li><li>This comes amid a rising number of advertisements, featuring even film stars, promising easy and high returns on investments in cryptocurrencies.</li></ul>The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the budget next year, a top official said. Revenue secretary <keyword id="947916" type="General" weightage="20" keywordseo="tarun-bajaj" source="Orion">Tarun Bajaj</keyword> said that in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of goods and services tax (GST) also the law is "very clear" that the rate would be applicable as those in case of other services. <cmsannotation type="cmsannotation" annotationid="wazirx" comment="wazirx" text="wazirx">wazirx</cmsannotation> "We will take a call. I understand that already people are paying taxes on it. Now that it has really grown a lot, we will see whether we can actually bring in some changes in law position or not. But that would be a budget activity. We are already nearing the budget, we have to look at that point of time," Bajaj told PTI in an interview. Asked if a provision of TCS (tax collected at source) could be introduced for crypto trading, the secretary said "if we come up with a new law then we will see what is to be done". "But yes, if you make money you have to pay taxes... We have already got some taxes, some have treated it as an asset and paid capital gains tax on it," he said. Asked whether people involved in cryptocurrency trading would be categorized as facilitator, brokerage and trading platform and how the taxation would be done under GST, Bajaj said "there would already be such things available in other services also. So whatever GST rate they are taxed at, that will be applicable on them." "They have to get themselves registered. The GST law is very clear. If there is an activity, if there is a broker who is helping people and charging brokerage fee, GST would get charged," he said. Separately, the government is likely to introduce a bill on cryptocurrencies during the Winter Session of Parliament beginning November 29, amid concerns over such currencies being allegedly used for luring investors with misleading claims. Notably, there have been a rising number of advertisements, featuring even film stars, promising easy and high returns on investments in cryptocurrencies in recent times. Currently, there is no regulation or any ban on use of cryptocurrencies in the country. Against this backdrop, Prime Minister Narendra Modi, last week, held a meeting on cryptocurrencies with senior officials and indications are that strong regulatory steps could be taken to deal with the issue. Earlier this week, the Standing Committee on Finance, chaired by BJP member Jayant Sinha, met the representatives of crypto exchanges, block chain and Crypto Assets Council (BACC), among others, and arrived at a conclusion that cryptocurrencies should not be banned, but it should be regulated. The RBI has repeatedly reiterated its strong views against cryptocurrencies saying they pose serious threats to the macroeconomic and financial stability of the country and also doubted the number of investors trading on them as well as their claimed market value. RBI governor Shaktikanta Das too earlier this month had reiterated his views against allowing cryptocurrencies saying they are a serious threat to any financial system since they are unregulated by central banks. The Supreme Court in early March 2020, had nullified the RBI circular banning cryptocurrencies. Following this on February 5, 2021, the central bank had instituted an internal panel to suggest a model of the central bank's digital currency. The RBI had announced its intent to come out with an official digital currency, in the face of proliferation of cryptocurrencies like Bitcoin about which the central bank has many concerns. Private digital currencies/virtual currencies/crypto currencies have gained popularity in the past one decade or so. Here, regulators and governments have been sceptical about these currencies and are apprehensive about the associated risks. It can be noted that on March 4, 2021, the Supreme Court had set aside an RBI circular of April 6, 2018, prohibiting banks and entities regulated by it from providing services in relation to virtual currencies. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/phonepe-announces-esop-buyback-worth-135-crore-for-employees/articleshow/87802097.cms">PhonePe announces ESOP buyback worth ₹135 crore for employees</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/what-is-bitcoin-golden-cross-and-death-cross/articleshow/87796591.cms">Bitcoin investors love the golden cross and death cross — here’s why they matter but there are other factors to keep in mind</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/mindhouse-raises-6-million-in-seed-funding-led-by-binny-bansal/articleshow/87798613.cms">Flipkart's Binny Bansal bets on Zomato cofounder's two-year-old venture</a>

You Searched For "bacc" and got 3 results

IAMAI-BACC appoints India’s first cyber security coordinator Dr Gulshan Rai as its Advisory Board Member

BI India Partner

Snoop Dogg will take artists into the metaverse with his plans to make Death Row Records an NFT music label

Natasha Dailey

Government plans to tax cryptocurrency gains in Budget 2022

PTI

Popular Keywords

Buying Guides