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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…
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.…
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…
6 mins read
New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact
A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…
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 …
2 mins read
Proposal for crypto tax policy will be up for discussion in Indian parliament today
The finance minister of India, Nirmala Sitharaman, will introduce the Finance Bill of 2022 in the L…
2 mins read
India’s securities regulator says decentralised nature of cryptos makes them harder to regulate
SEBI said that the government could look into a special regulator for cryptocurrencies. SEBI hasn’t…
2 mins read
These are the new changes in taxation that have kicked in from April 1
With the start of the new financial year, there are several changes in regards to taxation, deducti…
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’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…
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…
2 mins read
India will launch a digital rupee in the next year and plans a 30% tax on crypto-related income, according to the finance minister
India's finance minister announced the creation of a digital rupee and a new crypto tax plan as the…
Adam Morgan McCarthy
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…
3 mins read
Banks reportedly seek clarity on crypto’s relationship with India’s largest payments service
Banks in India have reached out to the National Payments Corporation of India (NPCI) seeking clarit…
2 mins read
Income tax department updates Form 26AS, now includes mutual fund purchases, foreign remittances and more
India’s income tax department has updated the Form 26AS to include more information such as off-mar…
2 mins read
India’s Finance Minister Nirmala Sitharaman says she expects the central bank to roll out the country’s digital currency this year
The Indian government expects the Reserve Bank of India (RBI) to roll out its digital currency this…
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
4 mins read
Fixed deposits back in vogue as crypto, stock market get hit by global headwinds
Not very long ago millennials investors were taking a dig at ‘baby boomers’ for keeping fixed depos…
3 mins read
OPINION: Indian government is still oiling the wheels for disinvestment of PSUs
Even after 6 years of the government providing an ‘in-principle’ approval for strategic disinves…
3 mins read
India is monitoring crypto transactions of 700 investors – evaders could reportedly face a hefty penalty tax
The Income Tax department has shortlisted 700 crypto transactions that haven’t been declared in IT …