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TDS CRYPTOCURRENCY INDIA
Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
How Delta Exchange India makes crypto trading simple and affordableCrypto trading is booming in India's smaller cities, with Delta Exchange India emerging as a key player. The platform offers low fees, full...
Choosing a crypto exchange in India? Read this firstWith fees, security and ease of use all up for scrutiny, WazirX makes a strong case for being the everyday trader’s go-to platform in India...
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...
Budget 2026: Crypto markets expect regulated, transparent, compliance-driven frameworkAs Budget 2026 nears, crypto industry leaders are urging the government to introduce a regulated, transparent and compliance-driven framewo...
57% of gains from cryptocurrency investment in one Indian state as Rs 293 crore TDS collected in FY25India's Income Tax Department is collecting substantial revenue from cryptocurrency transactions. Over Rs 1,100 crore in tax has been gathe...
ITR for crypto gains: What should investors keep in mind?All cryptocurrency purchases, sales, and transactions are subject to a 30% capital gains tax on profits, with no provisions for reduced rat...
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.
Exchanges struggle as crypto winter sets in following a big drop in pricesThe exchanges have seen a drastic drop in revenue and margins — by as much as 80% and 60%, respectively, compared to a few months back, acc...
Some transactions could be excluded from crypto taxThe finance ministry has been in talks about whether or not to exempt representations received for exemptions. However, the government has ...
Cryptocurrency exchanges want clarity on TDS liability if they move operations overseasMany tax experts have said that if an exchange sets up an office outside the country, the taxman may find it tough to collect the 1% tax on...
Decentralised finance under taxman’s lens: Government set to levy additional taxesThe government is looking to levy 20% TDS on these transactions, especially when one of the persons who has entered the contract has not su...
Taxman's lens on interest from cryptos in foreign platformsThe tax department is looking to slap additional tax deducted at source (TDS) and equalisation levy on such transactions and interest incom...
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 ...
Crypto tax: Even coins brought to Indian exchanges for sale in India will attract additional taxWith no clarity around crypto tax, Indian cryptocurrency exchanges may have to absorb this tax.
Crypto tax set to complicate life for the exchangesWhen crypto exchanges deduct 1% TDS, it will be recorded as “consideration” on their books, say tax experts. This in turn would attract a 2...
Next year's I-T return to have separate column for crypto income: Revenue SecyThe government will from April 1 charge a 30 per cent tax plus cess and surcharges, on such transactions in the same manner as it treats wi...
How Budget 2022 should tax cryptocurrencies: ViewAt present, no legislation governs, regulates, or prohibits dealing in cryptocurrencies in India. Therefore, it is not illegal to sell, pur...
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 ...