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...
Crypto not yet regulated in India; FIU monitors VASPs under PMLA. 1% TDS applies to VDAs. RBI issues advisories on crypto risks; no formal awareness drive.
India’s Finance Ministry details VDA/cryptocurrency tax revenue, compliance tools, and official training, addressing tax evasion concerns
India’s Income Tax Bill 2025 classifies Virtual Digital Assets (VDAs) and cryptocurrencies for taxation at 30%. It simplifies tax laws and aims for financial transparency.
Understand cryptocurrency taxation in India, including the 30% VDA tax, 1% TDS, and acquisition methods, as per evolving government regulations.
India’s Finance Act 2022 sets a 30% tax on Virtual Digital Asset (VDA) transfers and 1% TDS, impacting crypto and NFT investors from AY 2023-24.
Indian government introduced a legal tax framework to bring such transactions under regulatory oversight. This move culminated in the insertion of Section 194S and Section 115BBH into the Income Tax Act, 1961 via the Finance Act, 2022, effective from 1st July 2022 and 1st April 2022, respectively.
At first glance, converting crypto to INR may appear daunting and complicated, especially for beginners, who are taking their first steps into the world of digital asset withdrawal. If the process is handled without care, the consequences can be devastating and lead to significant financial loss, high fees, or even security breaches and data leakage.
In 2025, Bitcoin continues to redefine how we understand value, privacy, and decentralization in the digital age. No longer considered just an experimental asset or niche curiosity, Bitcoin is now an integral part of discussions around global finance and technological innovation.
MEXC, a leading global cryptocurrency exchange, has significantly bolstered its reserve holdings, reporting an increase of approximately $389 million in total asset value over the past two months (as of April 21, 2025)
#AD In April 2025, at the Paris Blockchain Week(PBW), BYDFi, as one of the official sponsors, unveiled its new Web3 product—MoonX, capturing the spotlight at the event. MoonX is an on-chain smart trading tool designed specifically for MemeCoin investors, integrating features such as hot trend discovery, risk screening, smart money following, and trade optimization. The […]
