Author Archives: Vijayashankar Na

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance

Abolition of Personal Income Tax

Posted on January 10, 2014 by Vijayashankar Na

A discussion has now ensued in India about the possibility of personal income tax being completely abolished if BJP comes to power. This proposal though is in the initial stage of discussion and yet to be adopted into the manifesto … Continue reading →

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Laxmi Coin.. The name is a problem

Posted on January 7, 2014 by Vijayashankar Na

While there is a discussion on one hand about the RBI regulations on Bitcoins, the promoters of Laxmicoin are reported to be waiting for RBI clarifications for launching their Crypto Currency. (See Economic Times) Apart from the controversies surrounding Bitcoins … Continue reading →

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Should You invest in Bitcoins?

Posted on January 6, 2014 by Vijayashankar Na

The press conference conducted in Mumbai by the Bitcoin alliance ended up with the media reporting ” Bitcoins Alliance India advices public to keep off, seeks legal clarity” (Economic Times).  Investors need to look at what are the legal and financial … Continue reading →

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Is Bitcoin going to survive in the long run?

Posted on January 5, 2014 by Vijayashankar Na

After the high publicity received during what was termed “Global Bitcoin Conference” in Bangalore on 15th December 2013, it was natural that there should be some cooling down of passions. This happened with the twin actions of RBI releasing an … Continue reading →

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Press Should not misrepresent Bitcoins

Posted on January 3, 2014 by Vijayashankar Na

Whenever press writes an article about Bitcoin, they use pictures similar to the following.  This picture immediately invokes the thought of a fiat currency and regulators start thinking  how anybody can “mint” such coins  without their permission. However the correct … Continue reading →

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Why India is an attractive market for Bitcoins

Posted on January 3, 2014 by Vijayashankar Na

India is a country which tops in the annual inward remittances. In 2012, the total inward remittances were estimated at US$ 69 billion. China with US$ 60 billion was the second best. (Refer article). In the year 2013, despite the … Continue reading →

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