Cryptocurrency

It seems that the season of layoffs is yet not over in the country as the Indian crypto exchange, WazirX on Sunday announced that it has laid off 40% of its employees to weather crypto winter. WazirX Layoffs 40% Employees …

Cryptocurrency Will Be Charged 1% TDS From July 1st Over Rs 10,000 Transactions Apart from attracting a 30 percent tax rate introduced by the Government in the Union Budget 2022-23, cryptocurrency sale transactions are also set to…

For a moment on June 8, the Income Tax department’s portal reflected the TDS on VDAs as 0.1%, down from 1%. In her fiscal budget for FY23 in early February 2022, Finance Minister Nirmala Sitharaman stated that a 30% tax excluding TDS…

Value Of World's 4th Biggest Crypto Almost Wiped Off: How This Happened? Will Luna Rise Again? Updated (May 15, 2022): Price of Terra Luna crypto is slowly rising again, but the unpredictability of the crypto market is shocking. …

Money laundering, Terror Financing: Biggest Risks Of Cryptocurrency In India, As Per Govt Union Minister of Finance Nirmala Sitharaman on Monday said that amid the pioneering fintech revolution, the biggest risk of cryptocurrency could…

GST officials believe that cryptocurrencies share similarities with casinos, betting, gambling, lottery, and horse racing, among others in nature The cryptocurrency scene in India is pretty hot, especially after the Government voiced…

Crackdown Begins On Crypto Investors In India: Heavy Penalty, 30% Tax & Interest To Be Imposed The Income Tax Department is looking into high-value crypto transactions of 700 investors and could serve them notices for non-payment of…

T Rabi Sankar compared cryptocurrencies to Ponzi schemes, terming them to possibly be even worse than Ponzi schemes. With the ongoing conundrum around the crypto laws in India and the government mulling to legitimising them, Deputy…

GST On Crypto: Check Govt's Mega Plan To Mint More Money From Crypto Operations In India The center seems to be examining the applicability of goods and services tax (GST) on various cryptocurrency transactions including the mining of…

The blockchain-certified digital art, Non-fungible Tokens or NFTs have gained much popularity after being widely endorsed by brands, artists and celebrities all over, in India and abroad. The Indian media conglomerate Viacom18, a joint…