2022-3-23 09:34 |
The platform featuring Amitabh Bachchan's NFTs was sent a follow up notice by an Indian tax agency.
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Visits to Indian exchanges Wazir X, CoinDCX, CoinSwitch Kuber and ZebPay fell 80% between Feb. 1 – when Prime Minister Narendra Modi’s government said it will introduce a 30% tax on crypto profits and a 1% transaction tax – and Oct. 1.
2022-12-14 17:20 | |
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The fading hope is that the government may reduce the 1% tax deducted at source, but expectations of a tax break on crypto capital gains have all but disappeared.
2022-3-22 14:04 | |
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The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility.
2022-2-17 17:07 | |
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India's Budget announcement was a mixed blessing, as some appreciated the clarity regarding taxes on crypto. However, others are strongly against the 30% tax on the transfer of digital assets. AmidstThe post Investment exec explains why Indian govt wants to 'tax the hell' out of crypto appeared first on AMBCrypto.
2022-2-4 16:30 | |
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Soon after the Indian government’s announcement to bring the transfer of digital assets into the 30% tax bracket, Economic affairs secretary Ajay Seth has said that even a ban is still not off the tThe post India: Despite tax 'legitimacy', here's why a 'crypto ban' is still not off the table appeared first on AMBCrypto.
2022-2-4 13:30 | |
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India’s Finance Minister had announced a 30% tax on all crypto income, including NFTs… The post Taxes don’t mean crypto trading automatically becomes legal, Indian tax official says appeared first on Coin Journal.
2022-2-3 17:37 | |
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The Indian tax department head said crypto taxation will help the department evaluate the exact depth of the digital asset market.
2022-2-3 15:29 | |
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The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area.
2022-2-3 15:13 | |
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India has included a crypto tax in its Union Budget 2022. The cryptocurrency market in India remains highly unregulated. However, this tax will now introduce some form of clarity in the Indian cryptocurrency market.
2022-2-3 10:34 | |
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Hours after the Indian government's announcement to bring the transfer of digital assets into the 30% tax bracket, the industry seems to be divided on its implications. Investor Rakesh JhunjhunwalaThe post India's 30% crypto-tax proposal - Can't tax something 'illegal'... or can it? appeared first on AMBCrypto.
2022-2-1 18:00 | |
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Coinspeaker India to Launch CBDC by 2022-2023, Proposes 30% Tax on Crypto Income Having made this declaration on the digitized rendition of the Indian rupee, India's first Woman Finance Minister also offered the implementation of a thirty percent tax on crypto that focuses on the exchange and trade of virtual digital assets.
2022-2-2 16:33 | |
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During the budget session, India’s Finance Minister Nirmala Sitharman announced crypto income will be taxed at 30%, along with a string of strict conditions. The post Indian government to enforce tough crypto tax rules, is this a sign of things to come worldwide? appeared first on CryptoSlate.
2022-2-2 16:00 | |
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Finance Minister Nirmala Sitharaman has unveiled the Indian Budget today for 2022-23 with two major announcements around cryptocurrencies. The FM has proposed a taxation rate of 30% on any income aThe post Breaking | India: Transfer of digital assets to attract 30% tax appeared first on AMBCrypto.
2022-2-1 10:30 | |
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In India, 2021 came and went without the cryptocurrency regulation bill that many crypto investors were hoping to see. However, that doesn't mean the government has shelved its plans to regulate the iThe post Will Indian investors have to pay 42% income tax on their crypto assets appeared first on AMBCrypto.
2022-1-13 17:00 | |
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Government officials from CGST Mumbai Zone recovered the funds from crypto exchange WazirX after detecting a GST evasion of $5.43 million on trade commissions.
2022-1-2 08:07 | |
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The Indian government is likely to levy both direct and indirect taxes on crypto assets, as per a local report. A source to the media outlet noted, "One of the key issues is taxation. If there is gaiThe post India: both Income tax and GST may apply to crypto appeared first on AMBCrypto.
2021-11-9 16:30 | |
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Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments.
2021-9-14 15:18 | |
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India may not be charging a 2% equalization levy on crypto investors. Finance Minister of India, Nirmala Sitharaman was responding to a query by the deputy chief minister of the eastern state of BiharThe post Indian crypto investors may not be charged this tax appeared first on AMBCrypto.
2021-7-28 15:30 | |
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The Indian government might require foreign crypto exchanges to shell out an additional 18% tax on transactions with Indian citizens. The post India Looking to Implement Additional 18% Tax on Foreign Crypto Exchanges appeared first on BeInCrypto.
2021-7-3 12:46 | |
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Foreign cryptocurrency exchanges and bitcoin (BTC) trading venues in India may soon be required to start paying 18 percent goods and services tax (GST), according to an Economic Times report on July 2, 2021.
2021-7-3 22:00 | |
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Exchanges with Indian customers may have to pay an 18 percent tax
2021-7-2 08:28 | |
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Bitcoin (BTC) and other cryptocurrencies bought from exchanges outside the country could cost Indian investors additional tax, while the tax department is looking into whether crypto falls subject to the 2% equalization levy, reported the Economic Times.
2021-6-23 07:00 | |
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Indian investors looking to buy Bitcoin (BTC/USD) and other cryptocurrencies might have to pay about 2% more if they bought them from exchanges outside India. This is due to an impending equalisation levy, an additional tax imposed on such investments and trades.
2021-6-23 22:20 | |
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An official from India’s ministry of finance said Monday that all gains from trading cryptocurrencies like Bitcoin were liable to income tax, as per a report on markets outlet Financial Express. The post Despite no laws, Indian minister says traders must pay taxes on Bitcoin appeared first on CryptoSlate.
2021-3-31 22:00 | |
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This new tax would clock in at 18% per transaction. Indian tax authorities are estimating this new tax could be applied to almost 40,000 crores per year. This equates to almost $5. 5 billion in countrywide Bitcoin transactions.
2020-12-29 14:41 | |
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The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies.
2020-12-29 13:41 | |
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The Indian Government has moved towards potentially implementing a tax of 18% on Bitcoin trading in the country. According to reports, the central government is currently weighing a proposal to impThe post India considers proposal to tax Bitcoin transactions at 18% appeared first on AMBCrypto.
2020-12-29 09:30 | |
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The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies.
2020-8-2 19:30 | |
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India’s Supreme Court has reversed earlier RBI guidelines that barred financial institutions from trading, now Indian crypto exchanges are seeking clarity on their legal status India’s crypto exchanges have asked the Reserve Bank of India (RBI) to offer clarity on their legal status in the country.
2020-5-6 16:05 | |
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India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation.
2020-5-5 12:21 | |
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We got a copy of the Indian tax authority’s secret training manual for cryptocurrencies
2019-12-18 09:36 | |
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As the Indian government deliberates on the country’s crypto policy, the tax authority continues to send out letters with lengthy, probing questions to crypto owners. News. Bitcoin. com talked to industry experts to find out the implications of these letters, what people can do when receiving them, and how crypto assets are taxed in India.
2019-8-7 09:35 | |
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The Indian state of Telangana plans to establish the country’s ostensibly first blockchain district by offering tax relief, resource subsidies, and financial grants to start-ups
2019-5-28 14:51 | |
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There is no doubt that India is among the most disoriented country when it comes to bitcoin regulations. When the Reserve Bank of India merely withdrew banking access to entities dealing in cryptocurrencies, the general public opinion misinterpreted it as an outright crypto ban.
2019-3-25 16:39 | |
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The Supreme Court of India made a decision on February 25, 2019, to present the government with an ultimatum: Develop crypto regulations within the next four weeks or the court will make its own judgement.
2019-2-26 22:02 | |
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Two U. S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to adjust taxation and create tax exemptions for certain cryptocurrency transactions.
2018-12-21 17:45 | |
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France’s National Assembly has rejected a number of tax amendments aimed at lowering taxes for cryptocurrency traders and users. Among rejected amendments are those concerning capital gains and losses and crypto tax exemptions.
2018-12-19 07:15 | |
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France’s National Assembly has rejected a number of tax amendments aimed at lowering taxes for cryptocurrency traders and users. Among rejected amendments are those concerning capital gains and losses and crypto tax exemptions.
2018-12-19 07:15 | |
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A Japanese lawmaker has proposed four changes to Japan’s tax law to benefit crypto users and traders as well as widen the adoption of cryptocurrency in the country. The current tax rate of 55 percent could be lowered to 20 percent while crypto-to-crypto trading and small payments could be exempt from taxation.
2018-12-11 13:50 | |
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Deutsche Bank’s headquarters and five other offices have been raided by 170 police officers, prosecutors, and tax inspectors over money laundering allegations. The bank’s written and electronic business documents were reportedly seized.
2018-11-30 16:35 | |
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Some $3.2 billion worth of Bitcoin has been lost in India due to corruption and criminal activities, among them tax evasion and an alleged kidnapping.
2018-8-10 11:25 | |
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According to a recent statement by a high-ranking official, the long-awaited regulations are on the way. Indian authorities have been sending mixed signals about the future of cryptocurrencies, along with issuing warnings and applying restrictive administrative measures.
2018-6-26 05:23 | |
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Farcaster secures $150M in a funding roundled by Paradigm, with participation from a16z, USV, Variant, and Standard Crypto. The post Farcaster raises $150M led by Paradigm to expand decentralized social network appeared first on Crypto Briefing.
The creator of Cashu, a free and open-source Chaumian ecash protocol for Bitcoin, believes users should have cash-like privacy when they transact with BTC — or fiat currencies.
The tech industry can feel like a closed club, filled with jargon and seemingly impenetrable concepts. But what if you don’t have a computer science degree or years of coding experience? Does that mean you’re shut out of the exciting world of blockchain technology? Absolutely not.
The successful implementation of BTCPay Server at the Bitcoin Asia conference demonstrated that bitcoin can easily be used for payments.
DTCC and Chainlink completed a pilot with major US banks to accelerate fund tokenization using blockchain technology. The post DTCC’s pilot project with Chainlink drives blockchain data to expand fund tokenization appeared first on Crypto Briefing.
UBS Group AG's 13F filing reveals a significant stake in BlackRock's iShares Bitcoin Trust (IBIT), signaling growing institutional interest in crypto. The post Swiss bank UBS holds 3,600 shares in BlackRock’s iShares Bitcoin Trust, SEC filings show appeared first on Crypto Briefing.