India’s new crypto tax proposals have caused more confusion than clarity. Under new rules due to kick in on April 1, income from cryptocurrencies will be taxed at 30% — the highest tax band in India…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
India has decided to uphold its existing crypto tax regulations for the 2024/25 fiscal year despite ongoing appeals from industry leaders for a reduction in the current rates. Finance Minister Nirmala Sitharaman confirmed this decision during her budget presentation on Tuesday for the 2024/25 fiscal year. India’s Latest Budget Keeps…
The digital assets tax compliance and portfolio tracking firm’s launch in India comes after the country announced a series of measures to benefit off the gains made in cryptocurrencies. See related... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…
A typo error on the Income Tax Department’s website mistakenly altered a 1% tax-deducted-at-source (TDS) figure to 0.1%, and has since been rectified, the Income Tax Department said on Wednesday. ... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…