New Delhi [India], March 31 (ANI): The Income Tax Department will keep a close eye on every transaction on crypto exchanges as the 30 per cent 'crypto tax' proposed in the Union Budget comes into effect from 1st April 2022.
New Delhi [India], March 25 (ANI): Taxation of virtual digital assets (VDAs) or "crypto tax" proposed in the Union Budget 2022-23 is set to be implemented from April 1, as the Lok Sabha on Friday passed the Finance Bill, 2022.
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
Islamabad [Pakistan], January 8 (ANI): Pakistan's Federal Investigation Agency (FIA) has issued a notice to Binance, a cryptocurrency exchange, during the investigation of a cryptocurrency scam involving around 100 million US dollars, according to media reports.
New Delhi [India], January 5 (ANI): The Directorate General of GST Intelligence's (DGGI) recent crackdown on nearly half a dozen of Cryptocurrency service providers in India has brought the focus back on the need for clarity on how cryptocurrencies and related services should be taxed.
New Delhi [India], January 1 (ANI): After the massive tax evasion of GST by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence has come down heavily on Cryptocurrency exchanges operating in the country, said sources.
Mumbai (Maharashtra) [India], December 31 (ANI): GST Mumbai East Commissionerate of Mumbai Zone on Friday detected a GST evasion worth Rs 40.5 crores and recovered Rs 49.20 crores in cash pertaining to GST evaded, interest and penalty from the cryptocurrency exchange WazirX.
Hyderabad (Telangana) [India], April 12 (ANI/BusinessWire India): On April 9, 2021, Europe's largest and award-winning cryptocurrency trading platform, Coinsbit, will be launching its brand new exchange - Coinsbit India.
New Delhi [India] July 14 (ANI/PRNewswire): Singapore based Hybrid Blockchain firm XinFin has partnered with BuyUcoin, one of India's leading cryptocurrency exchanges, to introduce its Native Token XDC to the Indian market.
New Delhi [India] June 10 (ANI/Digpu): Bengaluru-based crypto exchange startup Tradehorn announced that it will be launching a new cryptocurrency exchange platform called 'Tradehorn' for Indian users in June 2020. The users can now trade, deposit and withdraw in Indian rupees (Rs).
Seoul [South Korea], Nov 27 (ANI): South Korean cryptocurrency exchange Upbit has confirmed hackers stole about USD 49 million worth of cryptocurrency.
Pulau Ujong [Singapore], June 27 (ANI): A hacker reportedly broke into the systems of Singapore-based cryptocurrency exchange Bitrue, stealing around USD 4.2 million worth of crypto coins XRP and ADA.