A survey by Mudrex reveals that 85% of Indian crypto investors want tax reforms, especially reducing the 30% tax on gains. Investors prefer...

As Union Budget 2025 approaches, key voices in India’s cryptocurrency and blockchain industry are calling for tax reforms to foster growth,...

Rajagopal Menon says Indian crypto industry seeks level playing field, stable banking connections, and optimized taxes in upcoming budget. ...

Budget 2022 provided the clarification regarding how virtual digital assets (VDAs) such as crypto, non-fungible tokens etc. will be taxed f...

eGaming cos for continuation of Rs 10,000 TDS threshold, while crypto cos want a reduction in 1% TDS.

However, the rules were not very clear until the Central Board of Direct Taxes (CBDT) issued clarifications on various issues as the Financ...

With that, the taxation regime that will be effective from tomorrow for virtual digital assets (VDAs) was proposed in this year's Union bud...

Interestingly, apart from high net-worth individuals , non-resident Indians and startups, the list also includes students and housewives wh...

Income tax officials said most of these cases involved users who have either skipped mention of crypto gains in tax returns or haven’t file...

The industry also urged the government to reconsider the decision to levy a tax of 30% on current market value when crypto assets are gifte...

When experts looked into the fine print and investors understood the full implications of the rules, it became clear that the tax rules for...

The government has smartly sidestepped on the legality of cryptocurrencies while showing its disinclination to support these, by levying a ...

Gifting of crypto tokens and virtual assets would be taxed at the hands of the recipient at the same rate.

Crypto is an asset class and an investment product. Trading crypto requires specific skills and cannot be compared to gambling.

A clarity on taxation of cryptocurrencies was a long pending demand of players involved in the crypto industry

The intention of the government to regularize and monitor, if not a blanket ban, crypto-investments seems clear. Currently, India has the h...

Majority of exchanges have demanded clarity about the taxation over the income earned from the crypto assets and GST rules implemented on t...