High Crypto Taxes in India Remain Unchanged, Using Offshore to Avoid TDS Prohibited
Months of lobbying by Indian and global crypto firms to see if the local tax laws will provide some leeway...
TDS
crypto: Domestic crypto trade volume worth 32,000 crore shifted to foreign bourses
Cumulative trade volume worth 32,000 crore ($3.852 billion) shifted from domestic crypto exchanges to foreign ones during February-October 2022, following...
Low TDS Collection on Crypto May Spur Indian Government to Reduce Transaction Tax
A junior finance minister told the Indian parliament on Tuesday that the government has collected about $7.4 million in TDS...
Tax, regulatory uncertainties may hit India’s crypto ranking
NEW DELHI : The adoption of cryptocurrencies in India is expected to fall rapidly in the second half of the...
What Does The 1% TDS Mean For Crypto’s Future In India?
The Central Board of Direct Taxes (CBDT) issued a circular on June 22, 2022, outlining how taxes will be deducted...
Crypto TDSS: TDS rule brings down volumes on crypto sites
Spot trading volumes on crypto exchanges CoinDCX, WazirX and Zebpay declined by at least 70% on July 3 compared with...
Crypto, virtual digital assets will not attract TDS in certain cases; know the guidelines
Crypto, virtual digital assets not to attract TDS in certain cases; know the guidelinesPhoto : iStockThe tax department issued a...
1% TDS To Be Charged on Crypto Transactions from Today
Crypto has a confused stance in India. Even after implementing a 30% tax, the regulations around crypto are unclear. 1%TDS...
crypto tds: Crypto players gear up for TDS rules from July 1
New Delhi: Finance Minister Nirmala Sitharaman earlier this year had introduced a 1 per cent tax deducted at source (TDS)...
Tax department issues clarifications on 1% TDS on crypto transactions
Tax department issues clarifications on 1% TDS on crypto transactions The Central Board of Direct Taxes on Wednesday clarified...