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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…

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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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5 mins read

GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal

Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…

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India is betting on casinos, online games and horse races to fill its coffers

Online betting, gambling, casinos and horse racing have long been treated ‘unfairly’ by the Indi…

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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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India’s crypto players bullish on hiring; say crash is just a phase

The global crypto marketcap plunged from $1.7 trillion from the start of May to $929 billion, as of…

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Government plans to tax cryptocurrency gains in Budget 2022

The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax ne…

PTI   


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India might charge goods and services tax for cryptocurrency dealings

After months of confusion over their legal status, it seems the Indian government is planning to re…

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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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3 mins read

Now you can invest in global blockchain companies through this mutual fund ⁠— here's how to do it

Recently, financial market regulator Securities and Exchange Board of India (SEBI) gave a nod to…

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3 mins read

Foreign crypto exchanges in India may have to pay 18% GST as the government mulls over taxation

The 18% slab is meant for capital goods and industrial intermediaries, among other times, while …

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4 mins read

SBI, HDFC, ICICI and 12 others banks are joining forces to use blockchain to power Letters of Credit — a move that could be a boon for MSMEs

Banks in India are coming together to use blockchain technology to solve a central problem in tradi…

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3 mins read

Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…

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The crypto market is in a frenzy as Bitcoin falls below $30,000, a 55% drop from its all-time high

The overall global cryptocurrency market dropped 13 per cent, and was hovering around $1.37 tril…

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Singapore to to act tough on crypto platforms in the coming months

Amid the global crypto meltdown, Singapore, which has a clear licensing and regulatory framework, i…