Finance : Investors with diversified portfolios are always looking for a new asset class or type to increase their profitability, and crypto...
Income Tax : The article explains the taxation framework for cryptocurrencies, NFTs, and other VDAs under Sections 115BBH and 194S. It highligh...
Finance : The article explains that each crypto card transaction is treated as a taxable transfer of virtual digital assets under Indian tax...
Corporate Law : The court recognized cryptocurrency as property, but lack of statutory clarity leaves companies uncertain about holding, accountin...
Income Tax : The law replaces Form 26QE with Form 141 for VDA transactions from April 2026. Taxpayers must follow the new challan-cum-statement...
Finance : The Finance Ministry highlighted regulatory and enforcement challenges posed by VDAs, including crypto assets. Measures such as 30...
Finance : In a Lok Sabha response, the government clarified its stance on VDAs, stating no plans to revise crypto taxes or launch ETFs, whil...
Corporate Law : Crypto not yet regulated in India; FIU monitors VASPs under PMLA. 1% TDS applies to VDAs. RBI issues advisories on crypto risks; n...
Income Tax : India's Finance Ministry details VDA/cryptocurrency tax revenue, compliance tools, and official training, addressing tax evasion c...
Finance : CBI conducts searches across India in the GainBitcoin scam, seizing digital evidence and crypto wallets to trace misappropriated f...
Income Tax : ITAT Delhi condoned a 333-day delay in filing appeal after finding the reasons stated by the assessee to be bona fide. The matter ...
Corporate Law : Allahabad High Court dismisses plea to quash FIR against Mahendra Pratap Srivastava ('Zoom Baba') in Ruby Coin crypto fraud, citin...
Income Tax : "ITAT Jodhpur rules Bitcoin gains as long-term capital gains (LTCG) and allows Section 54F deduction for AY 2021-22. Read the deta...
Income Tax : Assessee to satisfy the authority by submitting Crypto currency ledger to verify information as was submitted by him before AO in ...
Corporate Law : Tata Sons Private Limited Vs Hakunamatata Tata Founders (Delhi High Court) The plaintiff is a company incorporated in India. Thoug...
Income Tax : The notification expands reporting rules to include central bank digital currencies, electronic money products and relevant crypto...
Income Tax : Government initiatives under PMLA and Black Money Act target undisclosed crypto income, enhancing monitoring, enforcement, and com...
Goods and Services Tax : Explore key changes in CGST (Amendment) Bill 2023, focusing on taxability of casinos, horse racing, and online gaming. Understand ...
Corporate Law : Central Government hereby notifies that the following activities when carried out for or on behalf of another natural or legal per...
Income Tax : Notification No. 75/2022- (Income-tax) | Dated: 30th June, 2022– CBDT specifies a token which qualifies to be a virtual digi...
Bitcoin, hailed as the pioneer of the cryptocurrency revolution, holds a dominant position in the digital currency landscape. Yet, as with any significant innovation, its journey is influenced by both internal mechanisms and external factors.
Learn how cryptocurrency is taxed in India, including rates, deductions, and reporting requirements. Get insights into crypto tax rules and their impact on various transactions.
Unveil complexities of Indian Income Tax Act’s provisions like Section 115BBH and 2(47A) concerning Non-Fungible Tokens (NFTs). Learn about TDS implications and more.
Fungibles are a common practice, for example if a person exchanges a 100 rupee note with another, there is no change in the cash that the person holds, it is merely exchange of the same amount. cryptocurrencies are a type of fungible where one bitcoin in exchanged with the other, without any difference in its value.
Discover taxation on cryptocurrencies & digital assets in India. Explore GST implications, income tax rules, reporting, and practical tips for crypto investors.
In today’s fast-paced digital world, cryptocurrency has become a prominent player. Among the various cryptocurrencies, Bitcoin holds a special place. Its decentralized nature and potential for substantial gains have attracted investors from all walks of life.
Learn about the Indian Government’s approach to regulating and taxing cryptocurrencies issued by private agencies. Explore the current status of cryptocurrency regulation, taxation of Virtual Digital Assets (VDAs), international collaboration, and potential collaboration with state governments.
Discover the fundamental distinctions between Web2 and Web3 in this article. Also gain insights on potential challenges and limitations of Web3. Visit immediate revolution 360 to find the best cryptocurrency deals available for trading and investment.
LUNA’s DeFi contributions have revolutionized the financial landscape, offering algorithmic stable coins and a dynamic ecosystem of applications. This article explores LUNA’s unique role in DeFi and its impact on users and investors. Exploring Immediate Edge allows users to access the best crypto coin deals for both trading and investment purposes.
Discover the ultimate portfolio must-haves in this article comparing Bitcoin, Gold, and ETFs. Uncover the potential benefits and risks of each asset class, empowering you to make informed investment decisions and achieve a well-diversified portfolio. Stay updated and stay ahead in the cryptocurrency world through a visit to Altrix Edge.
