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BUDGET AND CRYPTOCURRENCY
Your SIPs won't save you if you're making these everyday money mistakes, warns CAChartered Accountant Nitin Kaushik argues that many individuals focus on investment returns while overlooking significant financial leaks. ...- Company racks up $500M Claude AI bill in one month after putting no usage limits on employee licensesA firm's unchecked AI spending led to a staggering $500 million bill in a single month due to unlimited employee licenses for platforms lik...
- Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
- The man who predicted the last crash says something much worse is coming — are you prepared?America’s $38.9 trillion national debt is now reshaping how millions think about money, retirement and survival. Robert Kiyosaki says the U...
- Donald Trump's anger with Europe has a definite upsideThe Iran crisis is reshaping America's ties with European allies, leading to a significant shift in the transatlantic relationship. Europea...
- Not just cryptocurrency, all money is funny money based on notional worthThe current spotlight on cryptos may, however, seem misplaced as all currencies, at all times, are crypto, in that as mediums of exchange, ...
- FM Sitharaman says taxing cryptos doesn't mean it has been legalisedThe finance minister has spoken out at a time when the cryptocurrency tax is geeting a mixed reaction with some pointing towards the fact t...
- Crypto tax will help I-T measure 'depth' of market; does not bestow legality to trade: CBDT Chief"The department does not sit in judgement over the legality of any transaction. The income-tax department and the income-tax Act only looks...
- ETtech Opinion: Implications of India’s tax rules for cryptoCrypto is an asset class and an investment product. Trading crypto requires specific skills and cannot be compared to gambling.
- Finally, income from cryptocurrency to be taxed at 30%The FM said that gifts of virtual digital assets will also be taxed in hands of the recipient.
- Govt taps experts on taxing crypto assets held by firms, family officesCompanies currently have to disclose any holdings or dealings in cryptocurrencies or crypto assets in their filings with the Registrar of C...
- Crypto players seek clarity on taxes and regulation from Sitharaman's BudgetThe intention of the government to regularize and monitor, if not a blanket ban, crypto-investments seems clear. Currently, India has the h...
- Crypto Bill likely to miss Budget session as govt seeks time to build consensusThe government also wants to wait for the pilot launch of Reserve Bank of India's digital currency, expected in a few months.
- India’s crypto bill likely to miss budget session of ParliamentThe government wants to wait for the pilot launch of the Reserve Bank of India’s digital currency expected in a few months before introduci...
- Budget could consider levying TDS/TCS on crypto trading, make it reportable in SFTThe 'Cryptocurrency and Regulation of Official Digital Currency Bill' is now expected to be introduced in the Budget session of Parliament ...
- Govt eyes blockchain to push digital goalsWill axe use of crypto-assets in financing ‘illegitimate activities or as part of payments’, said Minister of State for Finance Anurag Sing...
- Govt likely to introduce bill to create official digital currency, regulate cryptocurrenciesThe bill named 'Cryptocurrency and Regulation of Official Digital Currency Bill, 2021' will be introduced in the Parliament for considerati...
- Budget 2018: Crypto cash not legal; but wait, it’s not illegalJaitley made it clear that the government is not against blockchain, the technology that underpins cryptocurrencies.
- Do Jaitley’s Budget remarks sound a death knell for cryptocurrencies in India?Cryptocurrencies came into limelight after giving stupendous returns to investors in 2017.
- Govt to explore blockchain tech, crack down on cryptocurrenciesThe govt will explore the use of blockchain technology to add muscle to digital economy.
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