India’s adoption of the Crypto-Asset Reporting Framework (CARF) aligns its tax systems with global standards, targeting offshore crypto tax...

The aim is to curb tax evasion and the laundering of unaccounted funds. The CBDT has identified some "high-risk persons" who are investing ...

Such entities and individuals which are engaged in Virtual Digital Asset (VDA) transactions and have failed to comply with the Income-tax A...

The CBDT is actively investigating tax evasion and money laundering related to cryptocurrency investments by high-risk individuals. Many in...

The Income Tax Department is contacting people about crypto taxes. Many individuals did crypto transactions but did not report the income. ...

India's crypto sector sees regulation with tax laws and anti-money laundering measures. G20 Presidency promotes stablecoins and financial s...

Industry experts are looking forward to potential reforms in the upcoming budget to address critical challenges faced by the cryptocurrency...

This situation has led to a migration of trading volume to international exchanges, posing higher risks in terms of compliance and customer...

The prevalence of centralized exchanges stems from their user-friendliness and simplified trading processes. However, investors must recogn...

TDS or tax deducted at source was introduced to collect tax at the source from where an individual's income is generated. TDS works on the ...

Under the income tax laws, TDS is levied on various incomes such as salaries, fixed deposits, recurring deposits etc. The tax is deducted w...

Cryptocurrencies are a type of digital asset that are not backed by any government or central bank. They are created through a process call...

eGaming cos for continuation of Rs 10,000 TDS threshold, while crypto cos want a reduction in 1% TDS.

The domestic exchanges collectively conducted the survey and included only those traders who were active from the beginning of the year til...

Under the GST law, ‘goods’ inter alia means every kind of movable property other than ‘money’ and ‘securities’.

According to the media reports, services such as crypto mining, with sales and purchases, are likely to attract the 28 per cent GST if the ...

While the industry players see this move as one of the most controversial provisions over the crypto taxations, the government believes tha...