Goods and Services Tax (GST) revenue buoyancy, which was 1.25 after introduction of the indirect tax regime in 2017, has risen to 1.40 in the last two years
Both government and Opposition leaders debate on cryptocurrency in Lok Sabha during discussion on Finance Bill 2022; move to pass proposal calling for heavy taxes on crypto assets
The Finance bill 2022 will be moved by Finance Minister Nirmala Sitharaman in Lok Sabha for consideration. PUBG may soon offer NFT and decentralised gaming options.
In the Finance Bill approved by Lok Sabha on March 24, the proposed change in the STT rate on options from 0.017 per cent to 0.021 per cent had led to a lot of confusion amongst market participants
The government on Thursday proposed to tighten the norms for taxation of cryptocurrencies by disallowing set-off of any losses with gains from other virtual digital assets
Prime Minister Narendra Modi urged people to visit border villages to impart a degree of vibrancy to sparsely populated regions along the country's frontiers.
The change in the Tax Deducted at Source (TDS) threshold applicable to online gaming will come into effect from April 1, 2023, after amendments passed in Finance Bill 2023
Budget 2022 has introduced a new set of taxes on virtual digital assets like cryptocurrencies and non-fungible tokens (NFTs), but clarity is awaited on an aspect such as earlier income from VDAs, loss set-off and more
