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INCOME TAX ON CRYPTOCURRENCY
RBI tells parliamentary panel that virtual digital assets like cryptocurrency a threat to economyThe Reserve Bank of India has informed a parliamentary panel that virtual digital assets like cryptocurrency pose a threat to India's devel...02 Jul, 2026, 11.15 PM IST- Not stocks or crypto: Gurgaon techie earning Rs 1.5 lakh a month, has a side hustle from which he earns Rs 15-20 lakh a year. What is it?A software engineer in Gurgaon has built a lucrative side hustle by operating four coconut water carts. While working his full-time tech jo...12 Jun, 2026, 07.56 AM IST
- Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...20 May, 2026, 09.01 PM IST
- As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...15 May, 2026, 01.12 AM IST
- Crypto income on I-T radar; department sends emails to individualsThe Income Tax Department is contacting people about crypto taxes. Many individuals did crypto transactions but did not report the income. ...13 Jun, 2025, 10.07 PM IST
- ITR for crypto gains: What should investors keep in mind?All cryptocurrency purchases, sales, and transactions are subject to a 30% capital gains tax on profits, with no provisions for reduced rat...11 Jul, 2023, 03.00 PM IST
- Finally, income from cryptocurrency to be taxed at 30%The FM said that gifts of virtual digital assets will also be taxed in hands of the recipient.01 Feb, 2022, 05.18 PM IST
- Income tax on cryptocurrency introduced: Investors may see a sell off in the coming weeksThe finance minister on Tuesday introduced a 30% income tax on returns from digital currencies. This would mean that investors will have to...01 Feb, 2022, 04.37 PM IST
- Govt taps experts on taxing crypto assets held by firms, family officesCompanies currently have to disclose any holdings or dealings in cryptocurrencies or crypto assets in their filings with the Registrar of C...20 Jan, 2022, 02.04 PM IST
- How Budget 2022 should tax cryptocurrencies: ViewAt present, no legislation governs, regulates, or prohibits dealing in cryptocurrencies in India. Therefore, it is not illegal to sell, pur...17 Jan, 2022, 02.00 PM IST
- Tax cloud over cryptocurrency exchanges as income tax department eyes probeIn the last week, the Directorate General of GST Intelligence (DGGI), an investigation arm of the indirect tax department, conducted search...05 Jan, 2022, 08.34 AM IST
- Govt looking to add cryptocurrencies to tax lawThe government is considering amending Section 26A of the Income Tax Act and the Annual Information Regulation (AIR), which shows data on a...06 Dec, 2021, 10.56 AM IST
- Do you have to report cryptocurrency investments as foreign assets in your income tax return?As per current laws, there is no clarity on whether crypto holdings are classified as Indian or foreign assets. In case it is the latter, t...11 Oct, 2021, 12.55 PM IST
- Taxman asks crypto bourses for trade infoA fortnight ago, the income tax (I-T) department sent notices to at least three exchanges, asking them to share all ledger entries to find ...21 Jul, 2021, 06.00 AM IST
- Investing in cryptocurrencies? Know the tax implications"It seems hesitation about crypto culture is receding at a steady pace in India. People are finding great opportunities with great returns ...04 Jul, 2021, 02.49 PM IST
- Hold crypto assets? Here's how you are going to pay income-tax on itIndia’s tax authorities have not yet categorized returns from cryptocurrencies under any specific bracket and there have been no judicial p...06 Jun, 2021, 11.00 AM IST
- Before crypto ban, taxman comes calling for their shareGST on exchanges and income tax on investors’ returns could wipe out all gains, say experts13 Feb, 2021, 10.47 AM IST
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