Tag: tax
Cryptocurrency exchanges raise alarm by prohibiting deposits through state-supported system
Prominent cryptocurrency exchanges WazirX and CoinSwitch Kuber have blocked rupee deposits for the buying of crypto using a widely-used state-fostered…
30% cryptocurrency tax becomes law in India after Rajya Sabha approves the Finance Bill
The Indian Finance Bill 2022 with new 30% cryptocurrency tax rules was approved by Rajya Sabha, the upper house of…
Government anticipating classifying crypto under GST law
The Centre is working on the categorization of crypto under the GST law so that tax can be imposed on…
Decision on the fate of cryptocurrency in India follows: FM
On Friday, Finance Minister Nirmala Sitharaman said that the government has sovereign right to tax profit made from crypto transactions…
Will Crypto Tax Eat All Your Earning From Crypto Investment?
In the last decade, we have experienced major growth in the crypto space around the world. According to the website…
Government intends to introduce a bill, cryptos to be regarded as commodity
The government is aiming to define cryptos in the latest draft bill that also suggests to categories cryptos on the…
ED sends notices for crypto transactions, trading by NRIs
According to a report, the Enforcement Directorate (ED) has sent many notices in the previous month related to cross border…