Cryptocurrency

Crypto Tax: How to report it while filing ITR, what will be taxed and what not? Expert answers

Crypto is back on the discussion table while all the investors have been seemingly curious regarding various aspects of taxation on crypto. Here are the answers to all your questions.

Feb 18, 2022, 16:09 PM IST

Cryptocurrency ban can be the most advisable option for India, says RBI Deputy Governor

The remarks are significant in response to the ongoing discussion over whether or not to prohibit digital currency.

Feb 14, 2022, 20:55 PM IST

RBI, govt working in complete harmony on crypto: FM Sitharaman

The Finance Minister had announced in her Budget speech that the RBI will launch a block chain based digital currency next year.

Feb 14, 2022, 14:11 PM IST

Marketplace suspends most NFT sales, citing ''rampant'' fakes and plagiarism

Reports of scams, counterfeits and "wash trading" have become commonplace.

Feb 12, 2022, 18:34 PM IST

Binancecat revealed to be Catecoin as Memecoin shows potential 100x return in 2022

Catecoin is a meme coin that provides the latest generation of utility from DeFi to Play-to-Earn and NFTs.

Feb 12, 2022, 17:32 PM IST

Blockchain tech to curb fake billing, GST evasion, 1st phase to be implemented soon

Blockchain is the same technology that is used to make cryptocurrency safe.

Feb 12, 2022, 10:31 AM IST

Decision on banning or not banning crypto to come later, says FM Sitharaman

Sitharaman said, "I am not going to legalise it or ban it at this stage. Banning or not banning will come subsequently, when consultations give me input".

Feb 11, 2022, 13:34 PM IST

Invest in cryptocurrency at your own risk, cautions RBI Governor Shaktikanta Das

Shaktikanta Das said it is his "duty" to caution investors, and told them to keep in mind that they are investing at their own risk.

Feb 11, 2022, 10:19 AM IST

Crypto big threat to financial stability; not even worth a tulip: RBI Governor Das

Shaktikanta Das on Thursday said cryptocurrencies are a "threat to macroeconomic and financial stability".

Feb 10, 2022, 18:32 PM IST

US accuses couple of laundering $4.5 billion in bitcoin tied to 2016 hack

The couple had active public profiles, with Morgan known as rap singer "Razzlekhan," a pseudonym that she said on her website referred to Genghis Khan "but with more pizzazz."

Feb 09, 2022, 11:10 AM IST

Zee Exclusive: How will tax on virtual digital asset impact Crypto investors? CoinSwitch CEO answers

For the taxation of virtual digital assets, FM Sitharaman proposed to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30 percent.

Feb 08, 2022, 16:25 PM IST

Budget 2022 with Zee: FM Nirmala Sitharaman emphasizes on job creation, explains govt stance on crypto

FM asserted that Virtuous cycle of investment expected to revive on the back of capex and crowd in private investment.

Feb 03, 2022, 19:37 PM IST

ITR Filing: Next year's I-T return to have separate column for crypto income

The government will from April 1 charge a 30 per cent tax plus cess and surcharges, on such transactions in the same manner as it treats winnings from horse races or other speculative transactions.

Feb 03, 2022, 10:50 AM IST

Mark Zuckerberg's cryptocurrency dream gets over! Sells Diem for around $200 mn to Silvergate

Originally launched as Libra and later renamed as the Diem Association, the cryptocurrency initiative faced regulatory backlash, and the US Federal Reserve was a key opponent to Diem launching.

Feb 03, 2022, 09:34 AM IST

Crypto tax regime in India: Does taxation on Crypto make it legal? Explained

In her Budget speech, Finance Minister Nirmala Sitharaman said that any income from transfer of any virtual digital asset shall be taxed at the rate of 30 percent.

Feb 02, 2022, 11:49 AM IST

Budget 2022: As FM introduces 30% tax on virtual currency, does it indicate future of cryptocurrencies in India?

The decision to tax digital assets came as a major setback for the existing crypto investors in the next financial year and might discourage investments in cryptocurrencies.

Feb 02, 2022, 08:50 AM IST

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DNA: Budget 2022 - Has digital currency become legal in India?

In this year's budget, the most discussed is the tax imposed by the government on cryptocurrency. The Modi government has announced that now 30 percent tax will be levied on the income earned from the digital currency in India.

Feb 01, 2022, 23:46 PM IST