With the growing popularity of cryptocurrencies and non-fungible tokens (NFTs), understanding the tax liabilities of these assets is crucial. Learn more.
Cryptocurrency experts seek to delink cryptos with the general view as a highly speculative instrument and want them classified as a regulated asset for the benefit of retail investors.
Here are some latest developments in the crypto space.
The government considers linking tax calculated at source (TCS) with tax deducted at source (TDS) to dispel concerns about separate tax collections.
Here’s what tax experts have said on the 30 per cent tax on virtual digital assets after almost a year since it was implemented, and the industry’s expectations from Union Budget 2023
The government, from April 1, has brought in a 30 per cent income tax plus surcharge and cess on the transfer of crypto assets, like Bitcoin, Ethereum, Tether and Dogecoin
Here are some recent developments in the crypto world.
Here are some of the major crypto happenings of the past few days
You might be thinking of gifting virtual digital assets, such as cryptocurrencies and non-fungible tokens (NFTs) this Diwali. But do take care of the taxation...
A day after Union Minister of Finance Nirmala Sitharaman spoke of India’s stance on crypto on the sidelines of a summit in the US, we spoke to the...
People in lower- and upper-middle-income brackets in emerging countries are most likely to invest in cryptocurrencies, says crypto analysis firm, Chainalysis,...
Union Minister of State for Finance Pankaj Chaudhary said that any legislation for regulation or for banning cryptocurrencies and non-fungible tokens (NFTs)...
Binance has in its half-yearly research report 2022 said that the number of GameFi projects has continued to rise and had reached 1,551 games as of June 2022.
Major crypto exchanges such as WazirX, ZebPay, and CoinDCX see trading volumes in red.
CBDT has notified that some virtual digital assets will be excluded from the definition of crypto VDA taxation ambit. Meanwhile, the crypto markets have hit...
Here are five significant financial and operational changes that will go into effect from July 1.
The Central Board of Direct Taxes (CBDT) has come up with some detailed clarifications with examples regarding crypto transactions both via peer-to-peer...
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...
Shiba Inu, which is built on top of the Ethereum (ETH) blockchain, surged by 20 per cent in the early hours of trading today. There are several possible...
The government introduced a list of changes to the existing income tax rules from April 1, 2022. Here’s the list
Gains from virtual digital assets like cryptocurrencies and non-fungible tokens (NFTs) will come under income tax ambit from April 1 as the new financial year...
NFT marketplace launched today in association with Hollywood movie, Antara, offers buyers and collectors exclusive news footage of Prime Minister, and Amitabh...
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 rupee is likely to cater to the educated and technology-savvy users, but the replacement of extant modes like cash and traditional banking is...
Advertising Standards Council of India (ASCI) has introduced a set of 12 guidelines for the advertisement and promotion of virtual digital assets, including...
