How to save tax on your Bitcoin investments in India, legally!Indian Bitcoin investors face a steep 30% tax and 1% TDS, hindering profitability. Bitcoin ETFs offer a tax-efficient alternative, taxed as...
09 Jun, 2025, 12.17 PM IST
Income tax on Bitcoins: Will Budget 2025 hike tax on Bitcoin ETF to flat 30% from 12.5% currently?A crucial question regarding tax implications arises for an Indian resident investing in Bitcoin ETFs in the US market. The issue is whethe...
22 Jan, 2025, 12.28 PM IST
Bitcoin taxation: Only Rs 33 lakh income tax liability on Rs 6.64 crore gain by selling Bitcoin for an Infosys employee, rules Jodhpur ITATBitcoin is capital asset: Jodhpur ITAT recently ruled that an Infosys employee who purchased Bitcoin using his salary should pay capital ga...
20 Dec, 2024, 02.14 PM IST
You have more reasons to stay away from bitcoins, other cryptocurrenciesOther than investing in an unregulated space and the potential risk of losing your money, you have more reasons to stay away from cryptocur...
31 Dec, 2018, 12.20 PM IST
RBI bans Bitcoin and other virtual currencies, investors concerned for tax duesBitcoin exchanges such as Zebpay and CoinSecure saw a spike in transaction volumes of about 40%, with about 90% of that being on the sell s...
07 Apr, 2018, 08.12 AM IST
Income tax dept issues notices to crypto currency investors: ChandraThe department has found that there is no clarity on investments made by many people, which means they have not declared them properly.
06 Feb, 2018, 08.07 PM IST
I-T will tax bitcoin trade; has issued a few lakh notices: CBDTFinance Minister Arun Jaitley, in his Budget speech yesterday, had said that all types of crypto currencies, including bitcoins, are illega...
02 Feb, 2018, 04.56 PM IST
Modi government has bad news for Indians dreaming of easy money via bitcoinsThe income tax department has sent tax notices to tens of thousands of people dealing in cryptocurrency. The notices were sent after a surv...
20 Jan, 2018, 02.00 PM IST
Investors under I-T scanner ‘gift’ Bitcoins to relativesAs prices of cryptocurrencies start falling many investors are looking to cut their losses, but are using several tricks to escape taxes in...
18 Jan, 2018, 08.12 AM IST
Bitcoin investors look to set off gains against other trading lossesThe income tax department has issued about 5 lakh notices to Bitcoin and cryptocurrency investors.
08 Jan, 2018, 03.36 PM IST
Bitcoin: Income tax department in tough spot as investors go all techThe income tax department just found it difficult to figure out whether investors actually hold any bitcoins or the income earned from thes...
30 Dec, 2017, 09.24 AM IST
Tax dept starts probe into Bitcoin exchanges to ascertain rate they can be taxed under GSTTop execs and promoters of some Bitcoin exchanges have been asked to explain their business model and how much tax could be levied on their...
16 Dec, 2017, 09.43 AM IST
Income Tax department turns heat on bitcoin exchanges across country, checks for evasionBitcoin is not regulated in the country and its circulation has been a cause of concern among central bankers the world over for quite a wh...
14 Dec, 2017, 10.31 AM IST
Mega bitcoin gains come with megabyte taxExperts said returns from bitcoins could attract 20-30% tax, depending on whether they are categorised as business income or capital gains.
11 Dec, 2017, 06.41 AM IST
Time to store money in gold?Gold has been a better storage of value than any other currency like bitcoin.
23 Nov, 2017, 12.23 PM IST
Bitcoin sale profit is taxable capital gains for investorTax authorities in many countries, such as the US, treat bitcoins a capital asset in hands of investors, with the sale resulting in a capit...
16 May, 2017, 11.27 AM IST
Trade in Bitcoins gains currency among youth in MumbaiThe current value of a Bitcoin is $806 with the buy and sell rate in India, at the time of writing this article, stands at 65,477 and 61,27...
15 Dec, 2013, 10.38 AM IST