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BUDGET CRYPTO IMPACT
Budget 2024: What is needed to boost the crypto market in India?The crypto community anticipates Union Budget reforms including a 0.01% TDS rate, Rs 5,00,000 threshold, loss offsetting, and aligning cryp...
Budget 2024: Need for crypto-friendly budget, level-playing field, says WazirX's Rajagopal MenonRajagopal Menon says Indian crypto industry seeks level playing field, stable banking connections, and optimized taxes in upcoming budget. ...
Domestic crypto trade volume worth 32,000 crore shifted to foreign boursesGovt had introduced a 30% tax on income from transfer of virtual assets in last year’s Budget.
Sell your crypto assets by 31 March to escape new tax rulesTax experts feel the new rules have been framed to discourage investments in cryptos. “It’s a continued effort to isolate and disincentiviz...
Crypto players seek clarity from Parliament SessionEven the Supreme Court of India had recently asked the Centre to make its stand clear on whether cryptocurrency trade or virtual digital cu...
Crypto platforms introduce new products as investors explore ways to save taxThe budget proposed a 30% tax on returns from digital currencies and a 1% Tax Deducted at Source (TDS) on digital assets.
Platforms ready products to make crypto less taxingThe Budget proposed a 30% tax on returns from digital currencies and a 1% Tax Deducted at Source (TDS) on digital assets. The govt has not ...
Budget 2022 cryptocurrency tax rules leave little on table for investors: 6 ways crypto investors will be impactedWhen experts looked into the fine print and investors understood the full implications of the rules, it became clear that the tax rules for...
Crypto bourse comes up with SIP-like plan to beat high volatilityThe move to tax virtual digital assets at 30% in the Union Budget has encouraged the crypto industry players to come out with financial pro...
Crypto bill unlikely this Budget session, hints Finance MinisterCrypto bill has not been included for the Budget session 2022. That said, Lok Sabha on Wednesday organised a lecture on understanding crypt...
Investors queue up for cryptos after tax proposalIndustry executives said the budget announcement resulted in pent-up interest among risk-averse investors as well as companies who earlier ...
Investors queue up for cryptos after tax proposalIn a post-budget press conference, however, finance minister Nirmala Sitharaman clarified that "taxing does not automatically bring legitim...
Why CoinSwitch Kuber’s Ashish Singhal is happy with 30% tax on crypto assets“The taxation removes ambiguity and signals that the government recognises the crypto industry.”
View: No change is good news for our personal budgetsAs far as the personal budgets of most people are concerned, the fact that the Union Budget does not contain anything that is overtly infla...
Crypto tax: Investors jittery, await more clarityIndian crypto investors were a worried lot after the government announced a tax rate of 30% on the transfer of cryptocurrencies at a time w...
Budget 2022: Govt to tax cryptocurrencies at flat rate of 30%A clarity on taxation of cryptocurrencies was a long pending demand of players involved in the crypto industry
Here's how crypto exchanges are reading FM's 30% taxation announcementThe Finance Minister announced taxation on gains arising from the sale of virtual assets at a flat rate of 30 per cent in her Budget speech...