budget 2022: Budget could consider levying TDS/TCS on crypto trading, make it reportable in SFT

Bitcoin: Crypto hunting: Experts pick six tokens for strong returns

New Delhi: The government could consider in the upcoming budget the imposition of TDS/TCS tax on the sale and purchase of cryptocurrencies that exceed a certain threshold and such transactions should be placed within the scope of the specified transaction for the purpose of informing the income tax authorities, Nangia Andersen LLP Tax Leader Aravind … Read more

Cryptocurrency: Willing to accept stricter regulations; ambiguity impacting growth: Crypto exchanges

Cryptocurrency: Willing to accept stricter regulations; ambiguity impacting growth: Crypto exchanges

Cryptocurrency companies have made many proposals to regulate cryptocurrency, from making exchanges accountable for any money laundering or other regulatory concerns to distinguishing between different exchanges based on their net worth and technology. In a series of recent meetings between some crypto exchanges and their advisors and government officials, the exchanges also said they were … Read more

In charts: Investors not affected by uncertainty over crypto bill, platforms continue to attract users

In charts: Investors not affected by uncertainty over crypto bill, platforms continue to attract users

New Delhi Despite uncertainty over crypto taxes and an impending crypto law, leading players in the industry continue to lure investors, according to data analyzed by transfer media platform Bobble AI. Cryptocurrency exchange CoinDCX saw a 45.78 percent increase in installed users between October and November 2021, while industry operator Bitbns leads the way in … Read more