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VDA COMPLIANCE
India is right to act on offshore crypto platforms but it must also build a fairer marketA Financial Action Task Force report backs India’s concerns that the real risk in crypto lies in offshore, non-compliant virtual asset serv...
Ban on privacy tokens: How to navigate exchange delistingIndia's crypto exchanges are delisting privacy tokens like Zcash and Dash following new AML/CFT rules. This forces investors to rebalance p...
Budget 2026 should address VDA tax losses as crypto gains taxed at 30%: SAM PartnerAs Budget 2026 approaches, investors in virtual digital assets are seeking relief on taxation, particularly the ability to claim losses, as...
Will 30% tax on cryptocurrency see a reduction in Budget 2026? Here’s what experts think on income tax, TDS and loss set-off rules on VDAsIndia's crypto community eagerly awaits Budget 2026. Investors and experts hope for a fairer tax regime for Virtual Digital Assets. Current...
Crypto market expects regulatory clarity and tax rationalisation from Budget 2026Ahead of Budget 2026, India’s crypto industry is seeking regulatory clarity and tax rationalisation, especially relief from the 1% TDS and ...
Explained: Why crypto users in India must now submit live selfies and location detailsIndia’s Financial Intelligence Unit has tightened KYC and AML norms for crypto platforms, mandating live selfie verification, geo-location ...
Govt makes cybersecurity audits mandatory for crypto exchangesThe government has mandated cyber security audits for all cryptocurrency exchanges. This is due to the rise in cyber heists. These audits a...
Rs 437 crore tax collection: For crypto traders, evading income tax is getting difficult as Tax Dept uses AI, data analytics toolsThe Income Tax Department is intensifying its scrutiny of cryptocurrency transactions. They are using AI and data analytics to detect tax e...
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...
Navigating VDA Regulations in India: Charting a Path to InnovationIndia's evolving relationship with virtual digital assets (VDA) calls for a clear regulatory framework to foster innovation, protect invest...
Budget 2024: Finding the sweet spot for VDA taxThe Indian government introduced taxation on VDAs during the Union Budget 2022. It brought much-needed clarity to investors and the industr...
TDS at 1% pushing crypto investors to grey market: Will Budget 2024 reconsider it?TDS rate on crypto: in Budget 2022, the government brought out rules on how capital gains from different virtual digital assets such as cry...
Apple removes top crypto exchanges like Binance, Kucoin, OKX from App Store in IndiaThe Financial Intelligence Unit, under the Finance Ministry, had last month issued show-cause notices to nine offshore VDA service provider...
Crypto investing guide: How to choose the right virtual digital asset exchange?The prevalence of centralized exchanges stems from their user-friendliness and simplified trading processes. However, investors must recogn...
FIU suggests rules to track on virtual digital asset dealsService providers to spot beneficial owners of wallets, monitor PEPs, receipts of Rs 10 L or more by NGOs
The potential for India to drive economic growth through VDAsIndia has the opportunity to lead the crypto revolution and reap its benefits. By adopting a strong crypto policy, the nation can encourage...
CBDT notifies TDS disclosure requirements for cryptos, virtual digital assetsFrom July 1, tax deducted at source (TDS) of 1 per cent will be levied on payments towards virtual digital assets or cryptocurrencies beyon...