Singapore, May 20 (ANI/PRNewswire): Leading global derivatives exchange, Bitget, today announced its bi-annual trading competition - King's Cup Global Invitational (KCGI), has officially begun. Due to overwhelming response since its launch, the deadline for registration has been extended. Wh
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
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.
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.