New Delhi [India], February 8 (ANI): Ever since Finance Minister Nirmala Sitharaman spoke about digital currencies in her Budget speech earlier this month, the curiosity about the matter has risen by leaps and bounds.
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], 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.
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.
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.
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
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.
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.
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
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
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
New Delhi [India], January 24 (ANI): Delhi Police on Monday said it has solved a case of cryptocurrency theft by busting a cyber fraud module operated by Al-Qassam Brigates, the military wing of Hamas, which operated by hacking into crypto-wallets of people and transferring the stolen virtua