The Indian Income Tax Department classifies cryptocurrency income under 'Income from Other Sources.' Hence, any gain or ...
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Cryptopolitan on MSNIndia’s finance minister wants crypto included in undisclosed income assessmentIndia’s finance minister Nirmala Sitharaman has disclosed that digital assets should be added under undisclosed income in a ...
The budget did not make any changes to the 30 per cent tax on crypto income or the 1 per cent TDS on crypto transactions, ...
India's Finance Act of 2022 has introduced a 30% tax on income from cryptocurrencies, classified as virtual digital assets.
India is reviewing its cryptocurrency policies and revisiting a delayed discussion paper in response to evolving global ...
India's Finance Minister Nirmala Sitharaman revealed significant changes to the country's tax laws, which will now encompass cryptocurrencies under Section 158B of the Income Tax Act. This section ...
As Union Budget 2025 approaches, key voices in Indias cryptocurrency and blockchain industry are calling for tax reforms to ...
Crypto traders in India could end up shelling out significant tax penalties if they don't report their gains in a timely fashion.
Generally, the IRS taxes cryptocurrency like property and investments, not currency. This means all transactions, from selling coins to using cryptos for purchases, are subject to the same tax ...
India’s reported stance to review the crypto framework follows the change in regulatory and policy climate in the US towards ...
With Donald Trump sharing his pro-crypto ideas, the government in India is reportedly also reconsidering its stance on ...
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