how are nfts taxed: What is NFT under Income-tax Act and how they are taxed
Cryptocurrency and non-fungible tokens (NFT) have become discussion points in most conversations these days. Though the volatility that cryptocurrencies have...
income tax
Miami’s Gold Rush: Finance Firms and Crypto Move In, Bringing Strains
From his new office in Miami Beach, real-estate investor Barry Sternlicht is only steps from the ocean. His waterfront mansion...
Central African Republic To Launch Bitcoin, Crypto Hub
The Central African Republic (CAR), the second country in the world to adopt bitcoin as a legal currency after El...
Crypto Tax: FAQ on taxation of crypto, virtual digital assets in works
The government is working on an FAQ on taxation of cryptocurrencies, which will give a nuanced clarification on the applicability...
UK Revenue Guidance On Cryptoasset Lending And Staking Using Decentralised Finance — Tax
In early February, HMRC published a new chapter in its Cryptoassets Manual dealing with decentralised finance ("DeFi"). DeFi is an...
Top headlines: US Fed signals rate hikes, IMF speaks on crypto ban idea
The US economy no longer needs increasing amount of policy support, said Fed Chair Jerome Powell as he...
Investing in cryptocurrencies, NFT? Soon, you may have to pay 18% GST
While regulatory uncertainty around cryptocurrencies continues, the tax department might be getting ready to tap into this new area. Here's...
