Search For "crypto"
Top 10 Crypto exchanges turnover over Rs 1 lakh cr, expect huge collection
Updated : 4 years, 1 month ago IST
New Delhi [India], February 3 (ANI): The imposition of 30 per cent tax on proceeds of digital assets, as announced in the Union Budget 2022-23, will lead to huge tax collections as the turnover of the top 10 crypto exchanges in the country is around Rs 1 lakh crore, said JB Mohapatra, Cha
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Crypto's like Bitcoin and Ethereum will never become a legal tender: Finan
Updated : 4 years, 1 month ago IST
New Delhi [India], February 2 (ANI): Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender, Finance Secretary TV Somanathan told ANI adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender.
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Digital Rupee will open up new opportunities for Fintech sector, says PM M
Updated : 4 years, 1 month ago IST
New Delhi [India], February 2 (ANI): Prime Minister Narendra Modi on Wednesday said the digital Rupee will open up new opportunities for the Fintech sector and will give a big boost to the digital economy.
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Pune: 8 including cop held for kidnapping man for Bitcoin worth Rs 300 cr
Updated : 4 years, 1 month ago IST
Pune (Maharashtra) [India], February 2 (ANI): At least eight people, including a policeman, have been arrested in Pune's Pimpri Chinchwad for allegedly abducting a man to extort bitcoin cryptocurrency worth Rs 300 crore, the police informed on Wednesday.
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Government does not recognize private cryptocurrency as legal tender, dig
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Noting that digital currency to be issued by the Reserve Bank of India (RBI) will be official and legal tender, Union Commerce and Industry Minister Piyush Goyal on Tuesday said the government does not recognize private cryptocurrencies as legal tender
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Twitter trends Budget 2022 memes as Nirmala Sitharaman announces 30 per ce
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): As the Union Budget 2022 was announced by Finance Minister Nirmala Sitharaman on Tuesday, it was proposed that the transfer of cryptocurrency or any virtual asset will now be taxed at 30 per cent.
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'Crypto tax': India imposes 30 per cent tax on income from digital assets
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): In a significant move to bring cryptocurrency transactions under the tax net, Union Finance Minister Nirmala Sitharaman on Tuesday announced that income from the transfer of any virtual digital asset shall be taxed at a rate of 30 per cent.
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Budget only for rich, has nothing for poor: Congress' Mallikarjun Kharge
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Criticising the Union Budget 2022-23 presented on Tuesday in the Parliament, senior Congress leader Mallikarjun Kharge took a jibe at the Centre and said it is a budget of Arjuna and Dronacharya, not Eklavya (from Mahabharata) as "it is only for the rich
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30 pc tax on virtual digital assets will help regulate crypto, says Niti A
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): India going to be the first country to implement a digital rupee and a high tax on digital currency to be beneficial for middle-class investors as it sees frequent fluctuations, says Amitabh Kant, CEO of Niti Ayog on Tuesday.
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India introduces 'crypto tax' of 30 per cent
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman announced on Tuesday that income from digital asset transfers will be taxed at a rate of 30 per cent. This move is seen as 'crypto tax'.
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Cryptocurrency has some financial stability issues, government will take b
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): Al Salvador has adopted Bitcoin but there are still financial stability issues relating to cryptocurrency which have been highlighted by the Reserve Bank of India, Principal Economic Advisor Sanjeev Sanyal said on Monday and noted that the government w
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Russian Govt drafts cryptocurrency road map to forestall complete ban: Rep
Updated : 4 years, 1 month ago IST
Moscow [Russia], January 28 (ANI/Sputnik): Russian Deputy Prime Minister Dmitry Chernyshenko has approved a road map regulating cryptocurrency transactions until the end of the year more than a week after the country's central bank proposed to ban it, the Russian RBC newspaper reported on Fr
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