Tag : Tax
GST Council to consider 28% GST on Cryptocurrencies in...
Goods and Service Tax (GST) Council is considering 28 % GST on cryptocurrencies and related services.
India eyes 20% taxation on DeFi gains
India's tax department wants to implement a 20% tax on DeFi gains that could be withdrawn from the source.
Trading volume on Indian crypto exchanges plunges as 30%...
Payment services providers have also cut ties with giant crypto exchanges despite having the same rate for gambling and fantasy sports...
Coinbase suspends crypto payment services in India just...
America's giant exchange has suspended some payment services on its newly launched Indian exchange due to pressure from the local...
India's digital currency to take 'Very Calibrated, Graduated'...
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar has outlined the implications of India issuing a central bank digital currency,...
Indian crypto exchanges reports sharp drop in transaction...
The new crypto tax came on April 1, and Indian digital asset exchanges have had a sharp fall in transaction volumes.
Indonesia to introduce 0.1% crypto VAT and income tax from...
Indonesia introduce a 0.1% crypto VAT tax as well income tax of the same rate on May 1
Coinbase ventures in plans to invest in Indian crypto and...
Coinbase ventures, an crypto exchange will pitching event in Bengaluru to help accelerate India's financial inclusion goals via crypto...
Indian parliament member asks government to increase crypto...
An Indian parliament member has urged the government to increase the tax on crypto income from the recently proposed rate of 30%,...
Proposal for crypto tax policy to go in Indian parliament...
India's finance minister in February. the amendment to existing laws proposed a 30% tax targeting digital asset transactions.
Indian Crypto tax policy to clarifies that every digital...
The government aim to treat each crypto trading pair transaction separately, deterring traders as it would only tax their profits...
Indian government provides little legal clarity for crypto...
The Indian government recently declared that a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility.
Indian tax department chief says Crypto tax doesn't legalize...
The Indian tax department head said that crypto taxation will help the department evaluate the exact depth of the digital asset market....
Indian government imposes 30% crypto tax and introducing...
Finance minister Nirmala Sitharaman's introduction of a CBDC will provide a "big boost" to India's digital economy.
Indian industry body for startups seeks crypto rules in...
The development comes a few days after news broke that tax agencies "inspected" workplaces of five giant cryptocurrency exchanges...
