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TAX FRAMEWORK FOR CRYPTO
No law bans withdrawal of cryptocurrency: BinanceIndian crypto exchanges are blocking user withdrawals fearing misuse for money laundering. Global exchange Binance, however, permits free w...
India recasts rules for foreign tax info exchange: New framework from July 1 aims to curb cross-border tax evasion & speed up case closureIndia has updated its rules for sharing tax information with other countries. New rules make foreign tax requests high priority, requiring ...
‘Most Indians retire asset-rich but income poor’: Edelweiss MF’s Radhika Gupta on retirement planning, SIP resilience, lifecycle funds, and simple investingOne of the industry’s most recognisable voices on investing, Radhika Gupta, MD and CEO, Edelweiss Mutual Fund, has helped shape both her fu...
HNIs eye Greece residency as alternative to Dubai optionAffluent Indians are increasingly eyeing Greece as a destination for permanent residency. The motivations behind this trend include evolvin...
Overseas crypto earnings of moonlighters under I-T lensIn several cases, individuals working in technology and consulting sectors allegedly received part of their compensation in Stablecoins or ...
Banks to seek more details from account holders under amended Income Tax Rules, 1962; check what new information you may have to shareNew Income Tax Rules, 1962, mandate banks to gather extensive details on account holders and controlling individuals. This includes self-ce...
Make sharing crypto data less crypticIndia is set to launch a new system for reporting crypto transactions by next year. This initiative aims to boost international tax transpa...
India to begin cross-border crypto data exchange from April 2027India will begin exchanging cryptocurrency transaction data internationally from April 1, 2027. This aligns with the OECD's Crypto-Asset Re...
Budget 2026: Crypto markets expect regulated, transparent, compliance-driven frameworkAs Budget 2026 nears, crypto industry leaders are urging the government to introduce a regulated, transparent and compliance-driven framewo...
61% of crypto investors favour stock or mutual fund-like taxation, 17% back standalone regime: CoinSwitch surveyA CoinSwitch survey ahead of the Union Budget shows most Indian crypto investors want taxation aligned with stocks or mutual funds. While 6...
Crypto income: Budget 2025 tightens crypto transaction monitoring, other tax normsCrypto announcements in Budget 2025: The Budget 2025 has proposed to tighten certain rules for crypto trading. As per the amendments made, ...
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...
Budget 2024: What is needed to boost the crypto market in India?The crypto community anticipates Union Budget reforms including a 0.01% TDS rate, Rs 5,00,000 threshold, loss offsetting, and aligning cryp...
India's crypto taxation framework: How does it fare globally?While India has made significant steps to standardise taxation, a high rate of TDS has caused a flight of volumes and users to platforms in...
'Global info-sharing rules won't end sovereign freedom to ban cryptos'The OECD presented a framework for reporting crypto assets to the G-20 finance ministers in Washington last week. The think-tank is expecte...
OECD finalises global framework on cryptocurrencyThe core of the framework is automatic exchange of information between countries and mandatory customer identification as part of the due d...
View: Will cryptos be goods or money under GST framework?Given that cryptocurrencies can arguably meet the criterion of being 'moveable property', they could well qualify as 'goods' under the Cent...