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CRYPTO ANNOUNCEMENTS IN BUDGET
Coinbase layoffs: What is the severance package US' largest crypto exchange will give to Indian employees on work visas?Coinbase is laying off 14% of its global workforce, impacting around 700 employees. The crypto giant cited market conditions and the growin...
India to begin cross-border crypto data exchange from April 2027India will begin exchanging cryptocurrency transaction data internationally from April 1, 2027. This aligns with the OECD's Crypto-Asset Re...
Budget 2026 should address VDA tax losses as crypto gains taxed at 30%: SAM PartnerAs Budget 2026 approaches, investors in virtual digital assets are seeking relief on taxation, particularly the ability to claim losses, as...
Budget 2024: Need for crypto-friendly budget, level-playing field, says WazirX's Rajagopal MenonRajagopal Menon says Indian crypto industry seeks level playing field, stable banking connections, and optimized taxes in upcoming budget. ...
Unaccounted crypto transactions of 700 investors under I-T scannerInterestingly, apart from high net-worth individuals , non-resident Indians and startups, the list also includes students and housewives wh...
Global crypto exchanges await more clarity on regulationsIndustry executives said the global exchanges have seen the government teetering on crypto regulations in the past three years and that sig...
Budget 2022 reinstills hope in crypto community, CoinDCX, WazirX, CoinSwitch Kuber CEOs call taxation on digital assets a step forwardThe crypto community sees the decision as a step in the right direction.
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...
Budget 2022 levies 30% tax and TDS on cryptocurrency assetsTDS will be imposed on payments for the transfer of crypto assets at a rate of 1% for transactions over a certain threshold. Furthermore, g...
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 ...
Investors queue up for cryptos after tax proposalIn a post-budget press conference, however, finance minister Nirmala Sitharaman clarified that "taxing does not automatically bring legitim...
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...
Crypto’s bittersweet breakthrough, and other Budget 2022 highlightsWhile some in the crypto industry believe official recognition will bring in millions of users, including institutional investors who have ...
Crypto tax: Investors jittery, await more clarityIndian crypto investors were a worried lot after the government announced a tax rate of 30% on the transfer of cryptocurrencies at a time w...
Budget Special: Crypto’s giant leap and other highlightsFor years, India’s crypto companies and investors have been bracing for a ban on these digital assets. Today, the industry had its ‘giant l...
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.
Here's how crypto exchanges are reading FM's 30% taxation announcementThe Finance Minister announced taxation on gains arising from the sale of virtual assets at a flat rate of 30 per cent in her Budget speech...
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...
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...
Govt eyes blockchain to push digital goalsWill axe use of crypto-assets in financing ‘illegitimate activities or as part of payments’, said Minister of State for Finance Anurag Sing...