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We are not taxing a currency (digital rupee) that is yet to be issued
The FM has announced a 30 per cent tax on any income from the transfer of virtual/digital assets
Union Budget proposes taxing income from the transfer of virtual assets at 30%; FM says central bank will issues its own digital currency.
FM slashes Customs exemptions again, this time on capital goods
A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital.
The Finance Minister said this would give taxpayers an opportunity to correct any omissions or mistakes in correctly estimating their income for tax payment
It has been an extremely pragmatic Union Budget 2022-23 trying to create the right ecosystem for putting the Indian economy on a high growth
While there was no change in the slabs and no deductions whatsoever, there was some relief for taxpayers who make a mistake in filing income-tax
'I propose to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30%,' said FM Sitharaman
The largest cryptocurrency by market value has notched only about a dozen up days this month
Meta reports fourth-quarter earnings on Wednesday and plans to break out results of its metaverse-oriented hardware unit for the first time
China and India both host large crypto-trading communities, which are now uncertain about the future
Economic Survey wrestles with growth impact of pandemic
Night light data shows more electrification in northern and middle parts of the country
The government will take a balanced view on the issue of regulation of cryptocurrencies as they have implications on the country's financial stability, Principal Economic Adviser Sanjeev Sanyal said.
Budget 2022 expectations: Tax incentives to consumers and merchants, clarity on cryptocurrency and ease of doing business, here's what Fintech industry wants from finance minister Nirmala Sitharaman
The Personal Data Protection Bill is eagerly awaited and may come up in the Budget session
US lawmakers have come forward to push Bitcoin mining companies into revealing how much electricity they use for crypto mining
The International Monetary Fund said El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender
The development occurs as the volatile currency witnesses a free fall from $69,000 in November to nearly $36,000 (on Thursday), owing to regulatory scrutiny and geopolitical unrest.