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TDS on cryptos, IT disclosures, credit card rules, PAN Aadhaar linking – all that’s changed in July

TDS on cryptos, IT disclosures, credit card rules, PAN Aadhaar linking – all that’s changed in July

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3 mins read

Taiwanese crypto exchange suspends trading in Rupees after TDS laws kick in

India’s new tax rules that collect 1% TDS on transfer of crypto and other virtual assets came into …

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2 mins read

India may expand taxes on crypto beyond IT and TDS – government reportedly mulling 28% GST

The crypto industry has already been buckling under income tax and TDS. Trading volumes in India fe…

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2 mins read

Taxing cryptocurrencies does not give them legal status, clarifies India’s finance minister

India’s Finance Minister Nirmala Sitharaman clarified in Parliament that taxing cryptocurrencies do…

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Simply Put: There are messages hidden in the crypto tax

Any profit made from trading in cryptocurrencies will be taxable at 30%. However, there is a lot mo…

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2 mins read

SIMPLY PUT: There are messages hidden in the crypto tax

Tightening the noose around crypto can achieve one more thing ⁠— move more money…

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3 mins read

Two new tax rules you should be aware of when filing your taxes

With the income tax filing deadline less than a month away, you need to ensure you are up-to-date o…

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2 mins read

RBI seeks a crypto ban but it needs global collaboration, says Nirmala Sitharaman

The Reserve Bank of India (RBI) has recommended the government to frame regulations for cryptocurre…

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2 mins read

4 out of 5 traders go slow on cryptocurrency investments after new crypto tax – WazirX

Four in five traders have slowed down their investments in cryptocurrency since the implementation …

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3 mins read

This startup helps you compute your crypto taxes; and 16,000 Indians are waiting in line

India has a new crypto tax regime in place and investors are struggling to understand its implicati…

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2 mins read

28% GST on crypto transactions? India is reportedly mulling another tax levy next week

A group of ministers is reportedly set to discuss a GST on cryptocurrency transactions in the count…

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8 in 10 Indians want 28% or higher GST on casinos, online games and horse races

Six in ten Indians are in favour of keeping cryptocurrencies under the 28% or higher goods and serv…

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3 mins read

10 countries that banned cryptos calling them threats, ponzi schemes & more

As per the Law Library of Congress, a global research directorate, eight jurisdictions had an absol…

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2 mins read

Indonesia plans to tax crypto from May – government to levy VAT and 0.1% tax on income from crypto trade

Indonesia will levy a 0.1% tax on income from crypto trading and a 0.1% VAT as well. Indonesia’s ta…