Income Tax Department Cracks Down On Cryptocurrency Traders, Again

Income tax department issued notices to thousands of cryptocurrency users HIGHLIGHTS Cryptocurrency market believes that government is going a bit too far Recently, Japan & China cracked down against cryptocurrencies South Korea is considering shutting down its virtual currency exchanges From finance ministry to Reserve Bank of India (RBI) to income tax (I-T) authorities, almost every regulator of any significance is bent upon tightening the noose on cryptocurrency users (including bitcoins, ripple, ethereum and litecoin, among others) and traders. On Friday, the income tax department issued notices to the hundreds of…

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Italy cracks down on obnoxious tourists

IT SEEMS the early bird no longer catches the worm. At least, that’s according to Italian authorities, who are cracking down on obnoxious tourists who hog prime beach spots, keeping them empty until their mates arrive. Getting a choice position is a top priority for many holiday-makers, and let’s be honest: most of us have guarded an empty stretch of sand with towels and umbrellas at least once in our lives. But in some parts of Italy, getting close to the water has become so competitive people have started sneaking…

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Iran says concerned by cracks in Syria truce

Iran is concerned that an uptick in violations of Syria’s ceasefire could harm planned peace talks this week aimed at ending the five-year-old civil war, a deputy foreign minister was quoted as saying on Tuesday. Hossein Amir-Abdollahian made the comments, cited in state news agency IRNA, after speaking to United Nations envoy Staffan de Mistura, who arrived in Tehran after holding meetings with Syria’s foreign minister in Damascus on Monday. “One of our main concerns in Syria is the increasing activities of armed groups in recent days and the increase…

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