Following the introduction of a 30% tax rate by the Government in the Union Budget 2002-23, cryptocurrency sales transactions will attract an additional tax deducted at source (TDS) of 1%, starting July 1, 2022.
The TDS deductibility will apply to...
Nothing is going in favor of crypto enthusiasts, especially those in India. The cryptocurrency industry has been affected by India's regressive taxation policies for virtual digital assets (VDAs) since April 1.
The government is now reportedly considering levying a 28%...
Cricket is the most-watched sport not only in India but also worldwide. Every year, the Indian Premier League (IPL) transforms into an advertising bonanza in which more and more brands want to participate. We've seen an increasing number of...
The Government of India is gearing up for the ban of all private cryptocurrencies in a bid to regulate the cryptocurrency in the country. It's being reported that a bill to regulate cryptocurrency, as well as 25 different pieces...
Crypto tax in India could soon become a reality. In the coming days, crypto traders in India may end up paying more if they buy cryptocurrencies from exchanges outside the country. According to a recent media report, crypto exchanges...
The bullish investors are not shying away from investing in crypto startups and blockchain startups in India. In fact, they seem quite confident about the success of startups in the crypto and blockchain space. This is quite evident from...
A new day and new development that is keeping cryptocurrency market in India on seesaw. Just a day after RBI issues directive to all financial institutions that cleared the payment processing for all cryptocurrency enthusiasts, be it traders, wallets...
After a months-long tug of war between financial institutions and cryptocurrency traders in India, finally, the later ones have got the last laugh.
RBI's has instructed all financial institutions to refrain from issuing any warning that could discourage crypto...
The Indian Government is stepping up its efforts to ban cryptocurrencies in India!
According to a recently surfaced media report, the GOI is currently considering blocking internet protocol addresses, aka IP addresses, of all cryptocurrency firms/exchanges. Industry experts believe that...
The teeter-totter between India and cryptocurrency looks set to end in heartbreak for those invested in virtual currency in one way or another.
According to emerging reports, India is set to propose a law banning cryptocurrencies. The move is in...
