A parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...

India's crypto ecosystem is at a pivotal turning point with accelerating adoption across retail and institutional segments. Driven by Gen Z...

Over the past few weeks, the Indian Income Tax department has been investigating whether the 1% TDS on crypto transactions via Binance has ...

Budget 2024: Crypto future and options investors are happy because the budget did not impose any TDS, STT and neither section 115BBH (30% t...

For a taxpayer, there are new schedules to be filled. Regular crypto traders with multiple transactions could find it all a bit overwhelmin...

The 'Impact Assessment of 1 per cent TDS on VDAs' report by Chase India and Indus Law said the crypto platforms/exchanges must also perform...

Crypto assets are by definition borderless and require international collaboration to prevent regulatory arbitrage. Government does not reg...

The new tax rules require crypto investors to pay tax at 30% (the highest tax bracket) on profits from the sale of crypto and NFTs.

There will be a number of big financial changes in the month of July. Here are five monetary adjustments that will take effect in July.

The Central Board of Direct Taxes has issued a circular explaining the guidelines about how TDS will work on crypto, virtual digital assets...

Effective from July 1, 2022, TDS will be applicable at the time of transfer of virtual digital assets, crypto and NFTs. The TDS will be app...

The finance ministry has been in talks about whether or not to exempt representations received for exemptions. However, the government has ...

While the industry players see this move as one of the most controversial provisions over the crypto taxations, the government believes tha...

A back-of-the-envelope calculations suggest that a trader will be left with 60 per cent of their initial capital after TDS on 50 trades. Th...

Crypto-exchange executives, lawyers and tax analysts warn that the TDS will suck liquidity out of the market by forcing high-frequency trad...

Top crypto players are taking up the demand with the ministry through the Blockchain and Crypto Assets Council (BACC), which is part of the...

In a series of tweets, Kamath compared 1 per cent TDS on all crypto trades to tax collected at source (TCS) of 0.1 per cent on Gold. "I ass...