All Strange Things About India and world
TDS deduction will be applicable to all virtual digital asset transfers including cryptocurrenciesAfter the 30 per cent tax rate introduced by the Government in the Union Budget 2022-23, cryptocurrency sale…
Portugal plans to tax cryptocurrenciesPortugal, one of the few countries in Europe where cryptocurrency transactions are not taxable, plans to close the loopholes in the legal system that prevents the…
The GST Council, is considering to levy 28 per cent GST on cryptocurrencies.New Delhi: The government is considering to tax cryptocurrencies, like Bitcoin, at par with casinos, lotteries, betting and…
FAQs on taxation of crypto, virtual digital assets in worksNew Delhi: The government is working on a set of FAQs (Frequently Asked Questions) on the taxation of cryptocurrencies, which will…
Crypto-exchange analysts warn that the TDS will suck liquidity out of the market.When India’s government unveiled a plan to tax crypto assets in February, it was the 30% rate on…
Crypto transactions are currently taxed at 30 per cent.New Delhi: BJP member Sushil Kumar Modi on Monday asked the government to increase tax on cryptocurrencies from the current rate of…
Union budget for 2022-23 has proposed a 30 per cent tax on cryptocurrency assetsCryptocurrency gains will be taxed at 30 per cent beginning April 1. It’s the highest tax bracket…
India with nearly 1.4 billion people is one of the world’s fastest-growing markets for crypto tradingNew Delhi: The Lok Sabha today approved the Finance Bill, which gives effect to new…
Many see government’s announcement as an acknowledgment of crypto industry as emerging asset classAfter a long wait and mixed signals over the past two years, there has been some clarity…
“They are in a grey area. Its not illegal to buy and sell crypto,” Finance Secretary TV Somanathan said.The Indian government said it doesn’t treat trading in crypto assets as…