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CRYPTO BUDGET
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...- Coinbase layoffs: What is the severance package US' largest crypto exchange will give to Indian employees on work visas?Coinbase is laying off 14% of its global workforce, impacting around 700 employees. The crypto giant cited market conditions and the growin...
- Crypto assets to face more scrutiny: Transaction detail of to be reported to government by banks, others reporting entities, Budget 2025Budget 2025: Crypto transactions are now to be reported to the Income Tax Department through an method to be notified later. The G20 Leader...
- Unreported crypto earnings to face scrutiny from the I-T deptTax officials would scrutinise unreported crypto earnings during searches and reassessments, while from next year crypto platforms and inte...
- What is the Indian crypto industry expecting from Union Budget 2025? Here's the wishlistAs Union Budget 2025 approaches, key voices in India’s cryptocurrency and blockchain industry are calling for tax reforms to foster growth,...
- For crypto players, interim budget falls short on regulatory, tax issuesDuring the Union budget, finance minister Nirmala Sitharaman did not provide any clarity for the crypto world regarding regulations. This w...
- 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. ...
- Union Budget 2023: The way forward for cryptocurrencies in IndiaUnion Budget 2023: Being a fairly new and predominantly unregulated sector, crypto-assets/cryptocurrencies can be a pathway to a whole new ...
- ETtech Budget Watch: Rationalised tax regime tops gaming, cryptos’ budget askeGaming cos for continuation of Rs 10,000 TDS threshold, while crypto cos want a reduction in 1% TDS.
- Crypto players gear up for TDS rules from July 1However, the rules were not very clear until the Central Board of Direct Taxes (CBDT) issued clarifications on various issues as the Financ...
- Crypto mining cost not to be allowed as deduction under I-T Act: FinMinThe 2022-23 Budget has brought in clarity concerning the levy of income tax on crypto assets. From April 1, a 30 per cent I-T plus cess and...
- Crypto industry asks Centre to rethink on proposed TDSThe industry also urged the government to reconsider the decision to levy a tax of 30% on current market value when crypto assets are gifte...
- Budget gives crypto some clarity but more importance to Digital RupeeThe government has smartly sidestepped on the legality of cryptocurrencies while showing its disinclination to support these, by levying a ...
- 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 ...
- Budget 2022: Zerodha boss hails crypto move by FM, says ready to offer if SEBI gives nodNithin Kamath took to social media to offer his detailed reading of the taxation on digital assets.
- 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
- After Eco Survey, will FM's Budget also remain silent on cryptos?Though the industry does not expect the crypto bill to be put on the table in the budget session, experts are hopeful that some cat will be...
- 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.
- Will Sitharaman acknowledge demands for crypto exchanges in Budget 2022?Majority of exchanges have demanded clarity about the taxation over the income earned from the crypto assets and GST rules implemented on t...
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