Major crypto exchanges such as WazirX, ZebPay, and CoinDCX see trading volumes in red.
From July 1, tax deducted at source of 1 per cent will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year, as the Finance Act 2022 has introduced Section 194S in the I-T Act
The Central Board of Direct Taxes (CBDT) has issued a circular regarding this under sections 206AB and 206CCA of the Income Tax Act, 1961
Here are five significant financial and operational changes that will go into effect from July 1.
The Central Board of Direct Taxes (CBDT) also said that the payer/deductor need not check the taxability of the sum in the hands of the recipient, and the nature of the asset given as a benefit or prerequisite is not relevant
Worldwide organisation needed to harmonise crypto laws, says Ashley Alder, chair of the International Organization of Securities Commissions. Authorities’ concern regarding crypto needs to be addressed
The Central Board of Direct Taxes (CBDT) has come up with some detailed clarifications with examples regarding crypto transactions both via peer-to-peer transactions and through exchanges.
TDS on interest earned on excess contributions above Rs 2.5 lakh has been made effective from April 1, 2022, says EPFO
As the new financial year dawns, you must start organising your finances systematically to be able to save your taxes intelligently
Currently, 18 per cent Goods and Services Tax (GST) is levied only on services provided by crypto exchanges and is categorized as financial services.
SBI, HDFC Bank, IDBI Bank and IndusInd Bank are a few banks that have increased FD rates. Here are a few things to keep in mind before investing in FDs.