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IS CRYPTO TAXABLE IN THE US
IRS crypto tax explained: IRS says Bitcoin (BTC USD), NFTs and Stablecoin income is taxable - here's what traders need to knowIRS crypto tax reporting rules: The IRS is reminding taxpayers to report all cryptocurrency and NFT income on their 2025 federal tax return...
Traded or sold crypto? These are the moments that trigger a tax bill from the IRSCrypto taxes explained: Cryptocurrency transactions, even simple swaps between digital assets, can trigger IRS taxes. Profits from selling ...
Didn’t report your crypto earnings? Income tax dept sending tax notices, conducting search & seizure for undisclosed income; know your optionsThe Income Tax Department is contacting taxpayers about cryptocurrency taxes. Many individuals did not report crypto transactions correctly...
Pakistan tieup question mark on Trump-backed crypto firmA cryptocurrency company, largely owned by the Trump family, has signed a letter of intent with Pakistan to boost blockchain adoption, just...
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...
Rich face crypto dilemma: To bet or not via foreign routeUnlike direct purchase of cryptos, investing in an ETF is subscribing to units or securities issued by a regulated fund --- a feature that ...
ITR filing: Three changes in income tax return forms for FY 2022-23 (AY2023-24)The income tax return (ITR) forms has been released by the Central Board of Direct Taxes (CBDT). Though there are no major changes in the I...
What is NFT under Income-tax Act and how they are taxedThe Government of India amended the Income-tax Act, 1961, to tax and regulated the incomes and profits under from various virtual digital a...
Will you be taxed if you get Diwali gifts?Find out about the people who can give you tax-free gifts and the gifting threshold that will not invite any tax.
Booking long term capital gains on crypto assets by March 31 may save you 10% taxThe tax rules on cryptocurrencies and other digital assets will come into effect from the new financial year, i.e., FY2022-23. However, tax...
India’s new crypto tax comparedHow do India’s punitive new tax rules for cryptocurrency compare with those of other countries? Let’s find out.
30% tax too high but creates baseline for crypto industry: Avinash Shekhar, ZebPay“Anything which moves things from gray to white is a welcome step from the government for us and for the industry and is going to be positi...
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...
Seven rules of cryptocurrency trading for new investorsInvesting in cryptocurrencies is the best way to learn about them. But it is a high-risk high-reward game and you must be able to digest ve...
US regulators signal stronger risk, tax oversight for cryptocurrenciesThe back-to-back announcements came in a week when Bitcoin, the most popular cryptocurrency, took a wild ride, falling as much as 30% on We...
Moving beyond cryptocurrencies: Why decentralised finance is the new buzzwordThe Supreme Court’s move to lift an RBI ban on cryptocurrencies has shifted the focus to decentralised finance. These virtual currencies ca...
Cryptocurrency exchanges look to shift base abroadMost of the exchanges are exploring whether they could shift base to countries like Singapore, Delaware or Belarus.