Budget a missed opportunity, say crypto startupsCrypto startups expressed disappointment with Budget 2024, as they had anticipated tax rate cuts on virtual digital assets (VDAs). Union Fi...
23 Jul, 2024, 06.37 PM IST
Turkey's crypto rules seen addressing licensing, taxation after boomAnkara promised the regulations last month amidst a years-long boom in crypto trading, as soaring inflation and a plunging lira currency dr...
15 Nov, 2023, 11.31 AM IST
Turkey's crypto rules seen addressing licensing, taxation after boomTurkey is also seeking to address concerns raised by Paris-based financial watchdog The Financial Action Task Force (FATF), which placed th...
14 Nov, 2023, 09.37 PM IST
Tax filing for crypto investors: All you need to knowVDA 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...
31 Jul, 2023, 10.15 PM IST
EU states approve world's first comprehensive crypto rulesAn EU finance minister meeting in Brussels approved rules that were thrashed out with the European Parliament, which gave its approval in A...
17 May, 2023, 09.40 AM IST
Govt collected over Rs 60 crore from crypto's 1% TDS: MoS FinanceCrypto assets are by definition borderless and require international collaboration to prevent regulatory arbitrage. Government does not reg...
14 Dec, 2022, 10.40 PM IST
Crypto volume slump: Majority of traders 'unhappy' with new tax rules, say exchangesThe domestic exchanges collectively conducted the survey and included only those traders who were active from the beginning of the year til...
05 Jul, 2022, 03.41 PM IST
What is 1% TDS on crypto trade and how will it impact you?While the industry players see this move as one of the most controversial provisions over the crypto taxations, the government believes tha...
29 Apr, 2022, 08.23 PM IST
Sell your crypto assets by 31 March to escape new tax rulesTax experts feel the new rules have been framed to discourage investments in cryptos. “It’s a continued effort to isolate and disincentiviz...
25 Mar, 2022, 07.51 PM IST
Crypto industry in wait and watch mode after clarification from govtMarket players believe that these stringent and ultra-strict rules will add more speed breakers to the already bumpy ride of the crypto ind...
23 Mar, 2022, 09.49 AM IST
Cryptocurrency and Budget 2022 – Everything you need to knowThe government has surely come a long way in its stance towards crypto in the last year. Many hope that this positive outlook towards crypt...
01 Feb, 2022, 07.13 PM IST
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
01 Feb, 2022, 06.36 PM IST
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...
01 Feb, 2022, 02.39 PM IST
Budget 2022 wishlist: 5 personal taxation measures individual taxpayers wantUnion Budget 2022 is expected to focus on employment generation, increase in limits for basic tax exemption, standard deduction, medical ex...
28 Jan, 2022, 05.08 PM IST
Crypto startups seek clarity of operations from govt in Budget 2022They are keen for Sitharaman to acknowledge the potential of the industry and frame some clarity of operations to aid their operations and ...
20 Jan, 2022, 12.51 PM IST
Startup grouping IndiaTech writes to FM, seeks crypto tax rules in BudgetIn the letter, IndiaTech has appealed to the government to tweak existing tax laws to include crypto assets, and sought clarity on the meth...
08 Jan, 2022, 10.28 AM IST
Crypto rules are needed to avoid systemic risks. But how we classify them matterGiven the digital nativity of these currencies, lack of transparency about trades and traders, and the global ubiquity of the crypto platfo...
23 Nov, 2021, 10.19 PM IST