Over the past few weeks, the Indian Income Tax department has been investigating whether the 1% TDS on crypto transactions via Binance has ...

Indian crypto traders are flocking to Futures & Options (F&O) markets, with leading exchanges like CoinDCX and Delta Exchange experiencing ...

Tailored for punters with the stomach to absorb losses in a market that can suddenly and dramatically turn volatile after a long lull, it's...

Crypto taxation is a relatively new concept in India, with the Finance Act 2022 being one of the country's first laws to recognize crypto a...

For a taxpayer, there are new schedules to be filled. Regular crypto traders with multiple transactions could find it all a bit overwhelmin...

“The TDS on crypto holding is 1% of the entire sell value, while in the equity market, that percentage is 0.02%. That is why TDS does not h...

The Central Board of Direct Taxes has issued a circular explaining the guidelines about how TDS will work on crypto, virtual digital assets...

Effective from July 1, 2022, TDS will be applicable at the time of transfer of virtual digital assets, crypto and NFTs. The TDS will be app...

The exchanges have seen a drastic drop in revenue and margins — by as much as 80% and 60%, respectively, compared to a few months back, acc...

The crypto market is driven largely by sentiments and tends to be very volatile. Prices can move 50-60% in a day, so don’t put very large a...

Crypto-exchange executives, lawyers and tax analysts warn that the TDS will suck liquidity out of the market by forcing high-frequency trad...

“A lot of people are now on the fence trying to watch how this will pan out but I would say not a very significant impact as of today. Some...

Last year, sustained investor interest had led to a meteoric rise in volumes on crypto exchanges. According to industry estimates, the top ...

The budget proposed a 30% tax on returns from digital currencies and a 1% Tax Deducted at Source (TDS) on digital assets.

The 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 ...

The industry also urged the government to reconsider the decision to levy a tax of 30% on current market value when crypto assets are gifte...

These issues figured when representatives of leading domestic crypto exchanges met with finance ministry officials on Friday to discuss bud...