India has not made any changes to its controversial Withholding Tax (TDS) policy that affects the crypto industry. The country’s Finance Minister Nirmala Sitharaman unveiled the...
India is unlikely to change its controversial tax deduction at source (TDS) policy on crypto transactions when Finance Minister Nirmala Sitharaman unveils her full budget for...
Over the past few years, a gradual positive change has been observed in the right direction. The government has clarified taxation and cryptocurrency exchanges are now...
Virtual digital assets (VDA) such as cryptocurrencies, non-fungible tokens (NFT) are digital assets encrypted on the blockchain. Chainalysis’s “Global Cryptocurrency Adoption Index” (2023) also suggests that...
In 2022, India made significant changes to the way it taxes cryptocurrencies. A tax deducted at source (TDS) of 1% and a capital gains tax of...
