Executing a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...

Indian crypto exchanges are blocking user withdrawals fearing misuse for money laundering. Global exchange Binance, however, permits free w...

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

A young businessman running a company with ₹1 crore annual revenue was convinced by bank officials to buy three non-market linked insurance...

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

Working with tax officials and police under ⁠money ⁠laundering and terrorist financing regulations, the FCA said it had issued cease and de...

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

New Income Tax Rules, 1962, mandate banks to gather extensive details on account holders and controlling individuals. This includes self-ce...

VDA transactions, including sales, are subject to a 30% capital gains tax in India. A capital loss in one VDA can’t be offset against profi...

The transactions pertaining to income from transfer of virtual digital assets is required to be disclosed under the Schedule VDA in the ITR...

"The regulatory approach on crypto trading has helped contain the contagion in India," said U.K. Sinha.

Tax experts feel the new rules have been framed to discourage investments in cryptos. “It’s a continued effort to isolate and disincentiviz...

Finance minister Nirmala Sitharaman will in all propose 39 changes to the Finance Bill, which will be taken up for consideration and passag...

When crypto exchanges deduct 1% TDS, it will be recorded as “consideration” on their books, say tax experts. This in turn would attract a 2...

Blockchain and Crypto Assets Council wants the government to clarify which party in a crypto transaction—the crypto-exchange, the crypto-br...

Bitcoin and other cryptocurrencies have become the de-facto currency on the Dark Web.

Gifting of crypto tokens and virtual assets would be taxed at the hands of the recipient at the same rate.