The Indian Income Tax Department classifies cryptocurrency income under 'Income from Other Sources.' Hence, any gain or ...
Cryptocurrency might not be strictly illegal in India, but heavy taxation has made it more difficult to operate a crypto ...
Finance Minister Nirmala Sitharaman to introduce the Income-Tax Bill, 2025 in Lok Sabha, focusing on clarity, simplicity, and ...
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 ...
India reassesses crypto regulation amid global adoption but maintains existing crypto tax structures and delays the discussion paper.
( MENAFN - crypto Breaking) Indian Cryptocurrency investors are now facing a hefty 70% tax penalty for undisclosed gains, according to recent reports. The Indian government's crackdown on ...
which provides for automatic exchange of tax relevant information on Crypto Assets. India is one of the jurisdictions implementing Automatic Exchange of Information.
The new Income Tax Bill, set to be tabled on February 13, categorises virtual digital assets, commonly known as ...
India’s reported stance to review the crypto framework follows the change in regulatory and policy climate in the US towards ...
India is reviewing its cryptocurrency policies and revisiting a delayed discussion paper in response to evolving global ...
The Indian government is rethinking its stance on crypto as the global view on digital assets starts to thaw, Reuters reported on Monday.Although ...
As per the new tax bill, 'undisclosed income' includes 'money, bullion, jewellery, virtual digital asset or other valuable ...
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