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UNION BUDGET ON CRYPTOS
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 acts big on inaccurate reporting of crypto asset transactions; know what this means for youBudget 2026 introduces penalties for crypto exchanges failing to accurately report transactions. A Rs. 200 per day penalty will be levied f...
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...
Crypto market expects regulatory clarity and tax rationalisation from Budget 2026Ahead of Budget 2026, India’s crypto industry is seeking regulatory clarity and tax rationalisation, especially relief from the 1% TDS and ...
Mudrex survey reveals overwhelming call for crypto tax reforms ahead of Union Budget 2025A survey by Mudrex reveals that 85% of Indian crypto investors want tax reforms, especially reducing the 30% tax on gains. Investors prefer...
Budget 2024: What is needed to boost the crypto market in India?The crypto community anticipates Union Budget reforms including a 0.01% TDS rate, Rs 5,00,000 threshold, loss offsetting, and aligning cryp...
Union Budget 2024: Crypto community's wishlistKey industry requests for the VDA tax regime include reducing the TDS rate under Section 194S to 0.01% from the current 1% to boost liquidi...
Progressive regulations and taxation around crypto can boost economyCryptocurrencies are a type of digital asset that are not backed by any government or central bank. They are created through a process call...
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...
Time for govt to use blockchain to unblock services for citizensThe government's decision to not legalise crypto assets raises an important question: is the government wary of crypto assets in particular...
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 ...
With tax at 30%, is it still logical to invest in cryptocurrencies?Finance Minister Nirmala Sitharaman announced the tax on gains arising from virtual assets at a flat rate of 30 per cent without any exempt...
View: No change is good news for our personal budgetsAs far as the personal budgets of most people are concerned, the fact that the Union Budget does not contain anything that is overtly infla...
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
Crypto players cheer Budget announcements; high tax may hit volumesThe given major announcements along with the clarity and, above all, the recognition from the government has boosted the morale of the cryp...
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...