Cryptocurrency Bill may come soon: Government working on FAQs on crypto tax

The government is planning to roll out the Finance Bill which will regulate all virtual assets including cryptocurrencies. They are…

India identifies 700 cryptocurrency investors for not paying taxes

The income tax department of India has reportedly targeted around 700 crypto investors who have failed to pay taxes on…

Finance Secretary says Blockchain policy has nothing to do with crypto policy

TV Somanathan, Finance Ministry Secretary said that the government policy vis-à-vis blockchain has nothing to with its policy towards virtual…

Clarity soon on crypto formalization: FM

Nirmala Sitharaman Finance Minister has said that government will bring clarity on the formalization of cryptocurrency soon. Partaking in a…

India believes cryptocurrency is not illegal as it’s taxed like gambling win

A day after announcing taxing crypto transactions just the same as winnings from gambling, the government said it doesn’t treat…

Budget 2022: 30% tax on crypto assets; RBI to issue digital rupee

On Tuesday morning, Finance Minister Nirmala Sitharaman confirmed that RBI (Reserve Bank of India) will launch a digital rupee soon….

Indian cryptocurrency bill mandates a uniform KYC procedure for all cryptocurrency exchanges

According to reports, the latest Indian crypto bill will necessitate the requirement for sharing KYC (Know Your Customer) data of…

Crypto bill expected to be tabled for Cabinet’s nod prior Parliament Session

A detailed bill on cryptos is expected to be presented for clearance at a meeting of the Union Cabinet prior…