Blockchain & crypto news from India
The Indian Finance Bill 2022 with new 30% cryptocurrency tax rules was approved by Rajya Sabha, the upper house of the Indian parliament, to make it a law today that will be in effect from tomorrow i.e., April 1. The bill’s approval by the upper house of the parliament comes within a week after the…
The much-anticipated legislation to regulate virtual currency in India, the crypto bill is anticipated to be taken up by the Union Cabinet soon. During a conversation with the reporters, the finance minister Nirmala Sitharaman said that the cabinet note is ready on the crypto bill. She added that she is awaiting Cabinet to clear that….
On August 2, Pankaj Chaudhary, Minister of State for Finance said that the government would decide on the proposals on the Inter-Ministerial Committee (IMC) on the legislative proposal and cryptos, if any, would be tabled in Parliament after the due process. In its reports, a high-level IMC had recommended that all private cryptos, except any…
In a reply to a query asked by former Bihar deputy CM and Rajya Sabha MP Sushil Kumar Modi, Nirmala Sitharaman, the Finance Minister, on July 27 informed the Rajya Sabha that the Indian Government isn’t gathering any information on the cryptocurrency market and has no clue about the count of active crypto exchange platform…
The Centre has listed 23 bills to be presented in the Lok Sabha during the forthcoming Monsoon Session that starts July 19 in the Parliament. As per the tentative list of government legislative and financial business, out of 23, 6 bills have already been tabled whereas 17 will be new. However, the much-anticipated Cryptocurrency Bill…