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2 mins read
India issues clarifications on additional tax on cryptocurrencies
India is set to levy a 1% TDS on crypto transactions, over and above the 30% tax it already levies.…
1 min read
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
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 …
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…
2 mins read
Budget 2022: Government may consider bringing crypto trade under TDS ambit
Speaking to PTI on what the Budget 2022-23, to be unveiled by the government on February 1, coul…
PTI
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…
1 min read
Prabhjote Gill
2 mins read
India is working on crypto classification under GST law
The government is working on classification of cryptocurrency as goods or services under the GST la…
PTI
6 mins read
India’s cryptocurrency tax kicks in from April – here’s what investors need to know
Beginning April 1, a 30% tax will apply to all forms of virtual digital assets (VDA), or crypto ass…
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…
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…
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…
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…
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 …
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…
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…
2 mins read
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…
2 mins read
India’s crypto taxes may reportedly spell bad news for DeFi firms
This should be a point of relief for gaming platforms and fintech firms, which were worried ab…
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…
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…