India's virtual digital asset sector is now high risk. Intelligence reports reveal extensive illegal activities including drug trafficking ...

In multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...

A remarkable discovery of 409 gold coins, hidden for over a century, was unearthed beneath a house in Torzhok, Russia. The coins, dating fr...

In recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...

In a striking maneuver, President Donald Trump's family business is broadening its horizons internationally while tapping into the burgeoni...

New rules from January 1 will bring crypto-assets, CBDCs, and electronic money under financial account reporting. Service providers and fin...

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

The Income Tax Department is intensifying its scrutiny of cryptocurrency transactions. They are using AI and data analytics to detect tax e...

The Financial Intelligence Unit-India (FIU-IND) has mandated cryptocurrency exchanges to strengthen their KYC processes by June 30, adherin...

A survey by Mudrex reveals that 85% of Indian crypto investors want tax reforms, especially reducing the 30% tax on gains. Investors prefer...

Peer-to-peer trading through escrow services on banned crypto exchanges has increased five times during weeks of high trading volume in Mar...

The new tax regime of cryptocurrency will fall under section 285BA and sub section (k) of IT Act. Where under rule 114 E, persons are requi...

Chaudhary said while the government does not collect any data on cryptocurrency exchanges, a few “cases of evasion of Goods and Services Ta...

Interestingly, apart from high net-worth individuals , non-resident Indians and startups, the list also includes students and housewives wh...

Income tax officials said most of these cases involved users who have either skipped mention of crypto gains in tax returns or haven’t file...

GoI, keen to encourage fintech innovation, must give proper legal backing to cryptos and let RBI regulate them. A clear GST framework can f...

“Anything which moves things from gray to white is a welcome step from the government for us and for the industry and is going to be positi...