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TAX IMPLICATIONS OF CRYPTO
Indians can use crypto to buy groceries, fuel and gold through overseas gift-card platformsIndians can use cryptocurrencies to buy goods and services domestically through overseas fintech platforms that convert stablecoins and oth...
What if you miss the July 31, 2026 ITR filing due date? Here are your optionsMissing the July 31, 2026 ITR filing deadline incurs a late fee. Belated returns can be filed with interest and a penalty up to Rs 5,000. C...
ESOPs, Crypto and two other disclosures you must make in Schedule FA of the ITR for AY 2026-2027Indian taxpayers face new foreign asset reporting rules for AY 2026-2027. Schedule FA requires disclosures for foreign shares and overseas ...
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...
Madras HC ruling recognising cryptocurrency as property: What does it mean for investors?Crypto holders may have recourse to property law remedies such as injunctions, trusts, claims for misappropriation, rather than purely cont...
Why are Indian traders flocking to crypto futures over spot deals?Crypto futures trading in India is surpassing spot deals. Traders are drawn to potential profits and lower taxes. Futures volumes now excee...
Tax filing for crypto investors: All you need to knowVDA transactions, including sales, are subject to a 30% capital gains tax in India. A capital loss in one VDA can’t be offset against profi...
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...
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...
'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...
How Ethereum makeover will change crypto spaceThe software change, 'Merge', will lower Ethereum's energy use by 99%, addressing criticism of blockchains' electricity consumption. This i...
Crypto volumes take a hit after new tax rules; what's the road ahead?The new tax rules require crypto investors to pay tax at 30% (the highest tax bracket) on profits from the sale of crypto and NFTs.
Crypto platforms introduce new products as investors explore ways to save taxThe budget proposed a 30% tax on returns from digital currencies and a 1% Tax Deducted at Source (TDS) on digital assets.
Platforms ready products to make crypto less taxingThe Budget proposed a 30% tax on returns from digital currencies and a 1% Tax Deducted at Source (TDS) on digital assets. The govt has not ...
Need more consultations with government to sort out operational issues: Crypto exchangesBlockchain and Crypto Assets Council wants the government to clarify which party in a crypto transaction—the crypto-exchange, the crypto-br...
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...
Clear opens crypto portfolio managementFirm to offer crypto tax and portfolio management service to enterprises as well as retail users
ETtech Opinion: Implications of India’s tax rules for cryptoCrypto is an asset class and an investment product. Trading crypto requires specific skills and cannot be compared to gambling.
Investors rush to seek tax advice on cryptocurrency investmentsTax experts are divided as to whether the returns from crypto assets must be categorised as capital gains-what is applicable on assets such...
Investors rush to seek tax advice on crypto investmentsMany investors who invest or trade frequently in cryptocurrencies are rushing to their advisors to figure out the tax implications of their...