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

The Income Tax Department has introduced Form 141, a consolidated challan-cum-statement, merging four previous TDS forms. This new form sim...

India's Income Tax Department is collecting substantial revenue from cryptocurrency transactions. Over Rs 1,100 crore in tax has been gathe...

Budget 2025: Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they continu...

About ₹1,080 crore in taxes (under the tax deduction at source head) has been collected from online gaming and around Rs 180 crore through ...

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...

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

The income tax laws that apply to various individuals will see a few new changes in July. Here are three significant changes to income tax ...

“Norms are being worked out… These will be issued soon,” a government official said. ET had earlier reported that credit card rewards point...

Many 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...

Till March, liquidity providers helped exchanges with float or the difference between buying and selling price for concluding a transaction.

The DEA, Revenue Department and the Reserve Bank are working to ensure that the taxation aspect is clear both for field tax offices as well...

ICAI President Debashis Mitra on Tuesday said the institute is working on a research paper on cryptocurrencies, which is expected to be rea...

The budget proposed a 30% tax on returns from digital currencies and a 1% Tax Deducted at Source (TDS) on digital assets.

The 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 ...

With no clarity around crypto tax, Indian cryptocurrency exchanges may have to absorb this tax.

TDS will be imposed on payments for the transfer of crypto assets at a rate of 1% for transactions over a certain threshold. Furthermore, g...