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TAX REDUCTION FOR CRYPTO
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...
Budget 2025: Can India’s VDA Tax and regulatory reforms contribute to the nation’s economic growth?India is on the verge of becoming a global leader in Virtual Digital Assets but faces challenges due to high taxation, pushing traders to o...
Mudrex survey reveals overwhelming call for crypto tax reforms ahead of Union Budget 2025A survey by Mudrex reveals that 85% of Indian crypto investors want tax reforms, especially reducing the 30% tax on gains. Investors prefer...
What is the Indian crypto industry expecting from Union Budget 2025? Here's the wishlistAs Union Budget 2025 approaches, key voices in India’s cryptocurrency and blockchain industry are calling for tax reforms to foster growth,...
Morgan Stanley joins hands with US regulators for a secure entry into the cryptocurrency marketMorgan Stanley is actively working with U.S. regulators to explore a safe entry into the cryptocurrency market. CEO Ted Pick announced this...
What is the Indian crypto industry expecting from Budget 2024? Here's the wishlistIndustry experts are looking forward to potential reforms in the upcoming budget to address critical challenges faced by the cryptocurrency...
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...
Budget 2024: Will India see a reduction in TDS and other taxes that currently exist in crypto?This situation has led to a migration of trading volume to international exchanges, posing higher risks in terms of compliance and customer...
Union Budget 2024: Crypto community's wishlistKey industry requests for the VDA tax regime include reducing the TDS rate under Section 194S to 0.01% from the current 1% to boost liquidi...
Bitcoin dominates FY24 with over 150% surge, outpacing traditional marketsAt the start of FY 2023-24, Bitcoin was trading around $28,500. By the arrival of March 2024, its value had soared to an impressive $73,750.
For crypto players, interim budget falls short on regulatory, tax issuesDuring the Union budget, finance minister Nirmala Sitharaman did not provide any clarity for the crypto world regarding regulations. This w...
What is the crypto industry expecting from Budget 2024?As we approach the Interim Budget 2024, the crypto industry anticipates with earnestness that the government will address the prevalent cha...
Direct tax: Budget expectations from startups, crypto industryStart-ups have experienced a funding winter lately. Tax benefits may provide a necessary fillip to the industry. The crypto industry has be...
ETtech Budget Watch: Rationalised tax regime tops gaming, cryptos’ budget askeGaming cos for continuation of Rs 10,000 TDS threshold, while crypto cos want a reduction in 1% TDS.
India moving away from banning crypto and not towards it: Ajeet Khurana“In real terms, it looks like a nice fig leaf which allows the government to not take adverse action claiming that they were ready for it b...
Crypto exchanges hunker down as everything goes wrong in IndiaThat a crypto marketplace should be in cost-cutting mode is hardly a surprise — Coinbase Global Inc. and Crypto.com have announced layoffs ...
What is 1% TDS on crypto trade and how will it impact you?While the industry players see this move as one of the most controversial provisions over the crypto taxations, the government believes tha...
Crypto industry expects growth to lose edge in FY23Last year, sustained investor interest had led to a meteoric rise in volumes on crypto exchanges. According to industry estimates, the top ...
Crypto players want FinMin to relook proposed 1% TDSTop crypto players are taking up the demand with the ministry through the Blockchain and Crypto Assets Council (BACC), which is part of the...
Budget 2022 reinstills hope in crypto community, CoinDCX, WazirX, CoinSwitch Kuber CEOs call taxation on digital assets a step forwardThe crypto community sees the decision as a step in the right direction.