LEGITIMATIZATION of Virtual/crypto-currencies (VCCs) is set to gather pace with G20 lauding their benefits while seeking regulations to prevent their misuse.

Tax authorities in developed countries and emerging economies including India have legitimized VCCs by taxing VCC-based transactions. They look for new opportunities to widen the tax net on

THESE days everybody seems to be speaking on behalf of the developing countries but for such countries themselves. The OECD seems to champion their cause by constantly haranguing that these countries now are part of the decision making process relating to international taxation 'on an equal footing' apparently by virtue of their being part