Page 2 of cryptoccurency tax rules

Finance minister Nirmala Sitharaman says govt, RBI working in harmony on crypto issue

On the assumption of a normal monsoon in 2022, the central bank has projected retail inflation for FY23 at 4.5%,…

February 15, 2022 04:00 IST

Backing cryptos will undermine role of rupee as currency: RBI DG T Rabi Sankar

There are already indications that private cross-border flows are taking place in cryptocurrencies, according to Sankar.

February 15, 2022 02:45 IST

Cryptocurrencies threaten financial sovereignty, need to be banned: RBI Deputy Governor T Rabi Sankar

Crypto ban: Sankar also dismissed as superficial the argument that cryptocurrencies should not be banned because a ban is unlikely…

February 14, 2022 21:52 IST

Replying to a general discussion on the Budget for FY23 in the Rajya Sabha, the minister said: “I am not going to legalise it or ban it at this stage. (A decision on) Banning or not banning will come subsequently, after consultations.”

Taxing crypto doesn’t ensure legal status: FM Sitharaman

The Budget for FY23, the minister said, stands for continuity and brings predictability to the taxation regime.

February 12, 2022 06:15 IST

Govt move to tax cryptos will bring legitimacy to industry: CoinDCX’s CEO Sumit Gupta, CoinSwitch CEO Ashish Singhal

Sumit Gupta: Regulation of crypto is pending but the government’s move to tax it gives it some form of legitimacy.…

Updated: February 8, 2022 13:45 IST

Currently, there are no particular regulations or any ban on use of cryptocurrency in the country. (File/Reuters)

Budget 2022: Govt to take balanced view on cryptocurrency, says Principal Economic Adviser Sanjeev Sanyal

The Reserve Bank has also highlighted various issues, including financial stability impact of such virtual currencies.

January 31, 2022 18:54 IST

The CBDT vide Finance Act, 2013 brought about an amendment that trading in derivatives is not to be considered as a speculative transaction.

Tax Talk: Clarity on tax for new age investments needed

The government also needs to decide that if income from cryptos is treated as business income, whether it should be…

January 25, 2022 03:50 IST

common man budget, Budget 2022 Expectations, Union Budget 2022-23, Budget 2022 expectations, Personal Tax, Specific deduction for Covid treatment, Taxability of COVID-19 vaccination, deduction under section 80DDB, PM CARES fund, crypto tax, cryptoccurency tax rules, crypto tax india,

Here’s what the common man can expect from Budget 2022

Adjusting tax slabs with the increase in other deductions can help the salaried taxpayer, specifically the below Rs 50 lakhs…

Updated: January 24, 2022 19:54 IST

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Kotak expects Nifty to rise 13% by 2026

Market1 hr ago

Kotak Securities predicts a 13% growth for Nifty 50 by December 2026 and has a positive outlook for gold and silver. The Indian market is expected to perform well due to better earnings and lower risks. The BFSI, IT, healthcare, and hospitality sectors are favored. However, the primary market is struggling to maintain higher levels due to outflows and focus on IPOs.

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