Central Board Of Indirect Taxes
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Bitcoins: Why there is a case for Indian govt, regulators to embrace cryptocurrency market
Harshad Shinde •The treatment for bitcoins would be ideal if the government were to legalise the trading of these currencies.
Govt rectifies anomaly, allows law enforcement agencies to hold confiscated currency notes beyond specified limits
•Under the Specified Bank Notes (Cessation of Liabilities) Act, 2017, banned currency notes beyond a certain limit could be held only by the Reserve Bank, its agencies, or other person authorised by it