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interim budget crypto rules: For crypto players, interim budget falls short on regulatory, tax issues

During the Union budget, finance minister Nirmala Sitharaman did not provide any clarity for the crypto world regarding regulations. This was after the newly-formed advocacy body Bharat Web3 Association had sought regulatory tightening of offshore exchanges and highlighted the demand for rationalisation of taxes. ....

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crypto trading offshore: 90% crypto trading shifted to offshore platforms on TDS: study

The 1% TDS on virtual digital assets, introduced from July 1, 2022, has led to an exodus of users, funds and trades to offshore platforms, finds a study by Delhi-based think-tank Esya Centre. ....

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EXPLAINED: How does Crypto TDS work?

TDS deduction on cryptos depends on your mode and medium of transaction. ....

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Gift Cards, Reward Points Excluded From Crypto Tax (TDS) From Today

A 1 per cent TDS on virtual digital assets transactions comes into play from today, but a notification gave a list of exceptions. ....

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Crypto Sales Tax At 28%? Discussions Next Week

An Indian ministerial panel will meet next week to discuss a goods and services tax on cryptocurrency transactions, people with knowledge on the matter said. ....

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