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Crypto tax

Internet and mobile association dissolves crypto industry body citing uncertainty 

Sources aware of the development said this move is a dampener for the industry, which is already battling market volatility and 1% TDS, which has affected the trading volumes.

published on : 15th July 2022

Cryptocurrency tax: CBDT's new guidelines stir confusion regarding GST 

"It is important that the government look at revising the guidelines to encourage entrepreneurship in the Web 3.0 sphere,” said Khaleelulla Baig, co-founder and CEO of Koinbasket.

published on : 24th June 2022

India to take a considered view on cryptocurrencies: Sitharaman

"So, our intention is in no way to hurt this (innovation around crypto)... but (we need to) define for ourselves...," she said.

published on : 27th April 2022

FAQ on taxation of crypto, virtual digital assets in works: Official

The set of Frequently Asked Questions (FAQ), which is being drafted by the Department of Economic Affairs (DEA), RBI and Revenue Department, would also be vetted by the law ministry.

published on : 10th April 2022

Crypto tax comes into force from April 1, 2022

Further, crypto investors would not be able to set-off losses in one crypto asset against the gains from another.

published on : 1st April 2022

Government seeing possibility of tax revenue in crypto: Finance Minister Nirmala Sitharaman

Ashish Singhal, Founder and CEO, CoinSwitch, posed the question to the finance minister saying leading nations are taking steps to regulate the cryptocurrency sector.

published on : 9th March 2022