![]() | Cryptocurrencies clear danger, says RBI GovernorReserve Bank of India has been flagging concerns about cryptocurrencies, which are seen as a highly speculative asset. |
![]() | CBDT notifies TDS disclosure requirements for cryptocurrencies, virtual digital assetsCBDT has notified that the TDS collected under Section 194S shall be deposited within 30 days from the end of the month in which the deduction has been made. |
![]() | Wall Street rallies in relief after Fed's assurance on ratesThe S&P 500 climbed 54.51, or 1.5%, to 3,789.99 after whipping through roller-coaster trading immediately following the Fed's latest move to fight inflation. |
![]() | India finalising consultation paper on cryptocurrencies; to be submitted soon: DEA SecretaryA lot of consultation has been done from both domestic and other participants, Seth said on the sidelines of an event organised by the Finance Ministry. |
![]() | Cryptocurrencies can lead to dollarisation of economy: RBI officials to parliamentary panelThere are an estimated 15 million to 20 million crypto investors in India, with total crypto holdings of around USD 5.34 billion. |
![]() | Government yet to define crypto as goods or services, say sourcesThe clarification comes after reports stated that the GST Council is mulling to tax cryptos at 28%. |
![]() | NFTs are less risky and give better returns, claims PK Mishra, President, AIGFAccording to Mishra, who is also a former bureaucrat and has held key positions in the Indian Government including that of Steel Secretary and Secretary, Department of Personnel and Training (DoPT). |
![]() | Government proposes 39 changes in Finance Bill; clarifies on crypto taxationProposes relaxation of penalty provision for claiming cess, surcharge as expenses |
![]() | ICAI to work on research paper on cryptocurrenciesICAI President Debashis Mitra on Tuesday said the institute is working on a research paper on cryptocurrencies, which is expected to be ready in one-and-a-half months. |
![]() | Advertisers will have to put disclaimers while promoting 'highly risky' cryptos from April 1All virtual digital assets (VDAs), which are commonly referred to as crypto or non-fungible tokens (NFTs), will have to put the disclaimer in a "prominent and unmissable" way. |
![]() | Private cryptocurrencies pose threat to macroeconomic, financial stability: RBI GovernorRBI Governor Shaktikanta Das' comment comes a week after the Budget proposed a 30 per cent tax on virtual digital assets, thereby recognising cryptos. |
![]() | Union Budget 2022: Trading in cryptocurrencies may get trickierIn order to monitor all transactions happening in the crypto space, the government has also announced that all the crypto transactions will be taxed at 1 per cent as TDS. |
![]() | Next year's I-T return to have separate column for crypto income: GovernmentRevenue Secretary Tarun Bajaj said gains from cryptocurrencies were always taxable and what the Budget proposed is not a new tax but providing certainty over the issue. |
![]() | NFTs are here to stayAs the NFT ecosystem grows, new usage will come to the fore, and innovations in crypto and NFT will continue to shape the art industry’s future |
![]() | Global crypto market suffers $1 trillion loss as Bitcoin crashesThe crypto crash came as the US Federal Reserve raised the possibility of boosting interest rates as soon as March and withdrawing stimulus from the market. |
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