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India Identifies 11 Crypto Exchanges Accused of Tax Evasion
28.3.2022
India’s tax authority first began seizing assets to address alleged tax evasion late last year
India's Supreme Court Wants GainBitcoin Scam Co-Suspect to Disclose His Wallet Username, Password
28.3.2022
Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider
28.3.2022
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However...
‘We Have Entered a Period of Pain,’ Says WazirX CEO of India’s New Tax Laws
25.3.2022
Nischal Shetty, one of the most prominent figures in India’s crypto industry, talks candidly and at length about what’s at stake with the country’s new tax provisions
Crypto tax policy framework passes India's parliament despite pushback from lawmakers
25.3.2022
Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1
India Confirms Discriminatory Tax Rate for Crypto Investors
25.3.2022
Starting April 1 this year, and despite the crypto sector’s efforts, cryptoasset gains in India will be taxed at 30% - the highest tax bracket, the nation’s Parliament confirmed today. In comparison to this tax, the tax rate on stock trading ranges from 0% to 15%.
From now on taxed the same...
India’s Favorite Chingari Short Video App Teams Up with Fashion TV Network
25.3.2022
Indian short video platform Chingari joins forces with the Fashion TV network to launch unique content and exciting products for its users. Through this exclusive deal, Chingari becomes the first-ever short video app to unite with Fashion TV. Powered by the GARI token, users will now be able...
India’s Stiff Crypto Tax Legislation Becomes Law
25.3.2022
Amendments sought by the crypto industry were not accommodated and the policies will go into effect on April 1
Tax man: India’s new tax policies could prove fatal for crypto industry
24.3.2022
India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry
First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water
23.3.2022
The expected passage of a finance bill will include a steep crypto tax the industry says will discourage innovation and cost the country some of its technology talent
India’s Crypto Industry Fears Proposed Tax Rules Will Increase ‘Brain Drain’
23.3.2022
The new tax proposals are set to formally become law on Thursday amidst little hope that the government may soften the tax blow
Proposal for crypto tax policy in India will go to parliament on March 24
23.3.2022
First announced by India's finance minister in February, the amendment to existing laws proposed a 30% tax targeting digital asset transactions
India’s Proposed Crypto Tax Rules Likely to Become Law Thursday
23.3.2022
Any easing of the government's stance on crypto taxation will be contained in amendments to the bill
Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions
22.3.2022
India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto transactions will be taxed at 30% while losses cannot be deducted. Indian Government Reveals...
Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News
21.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News
Indian crypto tax policy to treat each digital asset investment independently
21.3.2022
The government intends to treat each crypto trading pair transaction separately, deterring traders as the gov't would only tax their profits without accounting for the losses
RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think
17.3.2022
It appears the root cause of concern is the potential for digital assets to disrupt the rise of India as a global power
RBI Crypto: Indian Government Says Central Bank Has No Plan to Issue Cryptocurrency
17.3.2022
The Indian government has told parliament that it does not have a plan to issue cryptocurrency to be regulated by the central bank, the Reserve Bank of India (RBI). The government also clarified that India’s central bank digital currency (CBDC), that the RBI will launch this financial year...
First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings
16.3.2022
India's crypto community is hoping to convince lawmakers to pare down part of the bill, which includes a 30% tax on income generated from crypto transactions; bitcoin soared above $41,000
Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News
16.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News