National
India’s FIU Issues Notices to 25 Offshore Crypto Exchanges Over AML Non-Compliance
India’s FIU Issues Notices to 25 Offshore Crypto Exchanges Over AML Non-Compliance Report by: Syed Taskin Ahmed New Delhi, October 2, 2025 — India’s Financial Intelligence Unit (FIU-IND) has issued show-cause notices to 25 offshore cryptocurrency exchanges for failing to comply with the country’s anti–money laundering regulations under the Prevention of Money Laundering Act (PMLA), […]
US Proposes Tax on Outsourcing: Potential Double Blow for Indian IT Industry
US Proposes Tax on Outsourcing: Potential Double Blow for Indian IT Industry Report by: Syed Taskin Ahmed The Indian IT sector, already reeling from the recent $100,000 H-1B visa petition fee, may face another setback as the United States considers imposing a new tax on outsourcing. Under the proposed “HIRE Act”, American companies that outsource […]