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TAXATION RULES OF NFT
Hike basic exemption limit to Rs 5 lakh, cut income tax rates, further reduce number of TDS rates in Budget 2025: EYIncome tax slab expectations: EY has released a press release urging the government to announce certain measures in Budget 2025 to boost co...- 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...
- Crypto Week At A Glance: Bitcoin drops below $17K as US Fed remains hawkishSome investors were in a hurry to withdraw their assets from Binance as it processed $1.9 billion worth withdrawals in a single day. The ex...
- 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 on Diwali gifts received? Check how various sources of gifts will be taxedHave you received high-value gifts this Diwali from your friends and relatives. It may happen that you end up paying tax on Diwali gifts re...
- Crypto Week at a Glance: What moved marketsUsers of Instagram and Facebook can now display their NFTs on the platform, according to a recent announcement from Meta.The Digital Financ...
- Rario set to reopen with own blockchainRario raised $120 million led by Dream Capital, the corporate venture capital and M&A arm of Dream Sports, in April this year. The strategi...
- How crypto investors are living with 30% taxYour gain is my gain, but your loss is not my loss: This is perhaps the feeling among many Indian crypto investors about the government's s...
- How will income from land in Metaverse be taxed?The Metaverse is a virtual universe or digital world, where avatars of human beings will be present through technology. In this world, one ...
- As NFT prices drop, taxman could come knockingThe tax department is sure to question the sharp drop in the valuation of these virtual digital assets, tax experts said. The department wo...
- What ASCI's new crypto guidelines meanASCI, in its order, observed that advertising for VDAs, commonly referred to as crypto or NFT products, has been very aggressive over the p...
- When crypto assets received as gift are tax exempt in your handsAs per the Budget 2022 announcement, the gift of virtual digital assets is proposed to be taxed in the hands of a recipient. However, as pe...
- NFTs shouldn't be clubbed with cryptocurrencies for taxation, say exchangesIndustry participants said NFTs were digital goods and not currency like crypto, so they needed to be treated separately for taxation purpo...
- Can India be next hub for cryptos, NFTs? Here's what experts sayIn the light of recent developments at home and across the globe, there are voices that India is poised to emerge as a global hub for crypt...
- Top cryptocurrency prices today: Bitcoin, Ether, Solana, Terra zoom up to 7%"India moves closer to legalizing cryptocurrency. The honourable FM in her budget speech has proposed taxation rules on virtual digital ass...
- Crypto startups seek clarity of operations from govt in Budget 2022They are keen for Sitharaman to acknowledge the potential of the industry and frame some clarity of operations to aid their operations and ...
- The best of ETtech Unwrapped in 2021Grab that cuppa and settle in as we look back at the best explainers, investigations and analyses that Unwrapped delivered weekly to your i...
- Crypto firms write to FM on tax woes; GitHub bottleneck in Bulli Bai caseWith less than a month to go before FM Nirmala Sitharaman unveils the Union Budget, a grouping of tech firms that includes all the major cr...
- Social media firms are publishers, says Chandrasekhar; NFTs fuel digital renaissanceIn the eyes of Rajeev Chandrasekhar, union minister of state for electronics and IT, Facebook, Twitter and others are in fact publishers an...
- Making money from cryptocurrency trading? Know how your earnings are taxedThe Indian government is planning to compartmentalise virtual currencies and their tax treatment on the basis of their use case — payments,...
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