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Tag: budget session

Indian Government Introduces New Crypto Tax Penalties

The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment...

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Crypto tax doesn’t legalize trading, says Indian tax department chief

The Indian tax department head said crypto taxation will help the department evaluate the exact depth of the digital asset market.

India: Crypto-bill unlikely to make it to Parliament’s Budget session

While the crypto-industry in India is hopeful about regulatory clarity when Budget 2022 comes around, local media reports say it is unlikely that the bill will be introduced on 1 February. AMBCrypto spoke to CREBACO’s Sidharth Sogani to understand where the bill is at right now. According to the exec, the bill is unlikely to make it […]

Indian Government Needs More Time to Finalize Crypto Bill: Report

Indian Government Needs More Time to Finalize Crypto Bill: ReportIndian government officials reportedly said that India’s cryptocurrency bill will require more time because crypto is a complex subject. The bill is therefore unlikely to be introduced in the upcoming session of parliament. The government reportedly wants to hold more discussions to build a consensus on a regulatory framework for crypto. Crypto Bill Unlikely to […]

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