Advocate (Dr.) Prashant Mali's Blog

  Deep Web What it is ?  By Prashant Mali The surface web is the entire Internet for most users, but it represents a fraction of available content. The surface web is that part of the Internet that is accessible by standard search engines, either by indexing, or through use of the site’s IP address. By contrast, the deep web is unfamiliar to most of the public and is larger by orders of magnitude.  Characterised as the submerged part of the iceberg, researchers describe the deep web’s size in various and conflicting ways: over 96 percent of content on the world wide web, unguessable, 7500 terabytes, infinite, and 500x the size of the surface web. Although imprecise, these estimates indicate that the deep web contains much more content than the surface web. Generally speaking, the deep web is the content not indexed by standard search engines, like Google. The only U.S. court that has attempted to define the deep web, described it as follows: "The por...

TAXATION  OF  BITCOIN  AND  OTHER  CRYPTO CURRENCIES IN  INDIA 😊 To understand the tax implications of Cryptocurrencies in India, the following points need to be understood under the context of the Income Tax Act: 1) Business Income - These are the profits and gains received from any business or profession carried on by the tax payer at any time during the Financial Year. It includes 'any' compensation received or other payment due to be received. Further, the compensation may be received in Cash or Kind. 2) Capital Gains - It means any income which has been derived from a 'Capital Asset' (whether movable or immovable) 3) Capital Asset - It means property of any kind held by the taxpayer, whether or not connected with his business or profession. However, this does not include any Stock in Trade Note: Since the cryptocurrencies have not been declared as legal tender by the Reserve Bank of India, these cannot be considered as legal tender (cash)...

Can GDPR Fines be covered under Cyber Insurance coverage in India? By Prashant Mali,  Cyber Law & Privacy Expert. Cyber policies usually grant cover for civil fines provided that these fines are “ insurable at law ”. Where insurance for fines and penalties is available, this is usually as part of an operator’s general liability policy, although, as set out above, there is no general rule and some such policies routinely exclude such cover). In addition, prudent directors of port and terminal operators who are faced with the possibility of personal exposure to civil fines will take steps to ensure that their D&O policy will cover them if they are investigated personally.  Example Policy Terms Insurance coverage is available for fines and penalties. A popular form of cyber insurance includes, as an item of covered loss: [C]ivil fines or penalties imposed by a governmental agency and arising from a Regulatory Action, unless the civil fin...

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Prashant Mali SKYDIVING Thrilling Experience in Dubai 16th October first day of Diwali festival in India, so when India started their Diwali celebrations i was booked for my life time experience at the Dubai Skydive i.e the agency which helps people sky dive in dubai. The cost is around Rs. 35000 which includes flying, diving and photography with storage device. i was called to checkin at 12:00 had a long wait till 2:15 PM as i had a long rush before and a lunch break. I found many girls from Asia and americas and 20 percent boys strange but true. there 2-3 type of divers like professionals, amateurs and first timers like me. The energy in the camp is vibrant and radiant. Jumpers go and come back in regular time intervals, it is a 20 minute journey. I dont know but i had a sheer determination and focus so even beautiful girls around me didn't bother me much nor did i was talking to any one. I waited for my chance to come, once my name was announced i found out one guy from ...