TokenDesk News

India is unlikely to introduce any changes to its controversial tax-deducted-at-source (TDS) policy on Tuesday when Finance Minister Nirmala Sitharaman reveals her budget for 2024-2025, experts predicted.

India does not appear to be making any changes to the controversial tax deducted at source (TDS) policy affecting the crypto-assets (virtual currency) industry. Finance Minister Nirmala Sitharaman presented the Budget in Parliament on February 1....

India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry.

Discover India cryptocurrency taxation rules, including types of crypto assets, taxable events, HMRC guidelines, and tax implications for gains & income.

Indias most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.

With India levying the 20% TDS, learn how this tax affects your crypto investments and strategies to navigate the evolving tax landscape in India.

Indian cryptocurrency owners moved $3.8 billion worth of their assets to foreign crypto platforms to escape harsh tax regulations imposed by the government in 2022.

After a 1% tax deducted at source (TDS) took effect in July, the number of Indian users signing up on the major cryptocurrency exchange Binance skyrocketed, according to a report from Bloomberg on Tuesday. As per the publication’s further...

Asia became a hotbed for cryptocurrency adoption following the 2020 COVID-19 pandemic. In its latest report, the International Monetary Fund (IMF) found that the general cryptocurrency market and the Asian equities market now share a strong...

The current state of the cryptocurrency market is one surrounded by bears. However, Johnny Lyu, CEO of KuCoin had a different approach related to the matter. The CEO was extremely optimistic about the growth of the industry, especially the Indian...