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After cryptocurrencies, money laundering via NFTs next big worry

After serious concerns were raised on cryptocurrencies and their misuse for money laundering and hawala-based transactions by terror groups and criminals

Crypto platform Wormhole says 'funds are safe' after $320-mn hack

Hack is fourth-biggest ever crypto theft as DeFi sites are increasingly being targeted by criminals* Wormhole says on Telegram channel 'all funds are safe'

CBDT chairman explains why huge collections are expected from 'crypto tax'

Crypto investors should know that transactions done before April 2022 will not be tax-free, says J B Mohapatra

Hackers steal $323 mn in crypto from cross-chain protocol Wormhole

Wormhole is a platform that allows users to transfer cryptocurrency across different blockchains.

TMS, Ep 100: Cryptocurrency tax, defence industry, markets, and green bonds

How will new tax rules impact crypto investors? How will the domestic defence industry get a fillip? Why are bond yields rising after Budget 2022? Get answers to these questions in today's episode

Crytocurrency tax: How will the Budget 2022 rules impact crypto investors?

A highlight of Budget 2022 was the proposal to levy 30% tax on gains from transfer of digital assets and 1% TDS on payments towards virtual currencies. What will be the impact on crypto investors?

We have been studying crypto sector for the past five years: JB Mohapatra

We now have sufficient working knowledge as to how the sector works, and in what manner surplus is being generated, says Mohapatra

Bitcoin, Ethereum or NFT will never become legal tender: Finance Secretary

People investing in private crypto should understand that it is not having the authorisation of the government, says Finance Secretary T V Somanathan

Cryptocurrency to be taxed like gambling win, says top FinMin official

'We have now put in a taxation framework that treats crypto assets the same way we treat winnings from horse races, or from bets and other speculative transactions,' says Finance Secretary

Cryptocurrency tax: FM says cryptos not issued by RBI, so not currencies

'A currency is a currency only when it is issued by a central bank, even if it's a crypto,' says FM Sitharaman at a post-Budget press conference

Cryptocurrency tax: Budget 2022 proposals show India warming up to cryptos

Bitcoin rose more than 2% from the day's low following the taxation announcement

Cryptocurrency tax and Digital Rupee to spur adoption of cryptos: Industry

Clarity required on how digital collectibles like NFTs will be taxed, say experts

Cryptocurrency tax doesn't give legitimacy to private digital currency: FM

We are not taxing a currency (digital rupee) that is yet to be issued

Cryptocurrency tax: Relief for crypto investors as Budget ushers in norms

The FM has announced a 30 per cent tax on any income from the transfer of virtual/digital assets

Cryptocurrency tax: Budget proposal spurs talk of legality, 'grey area'

Union Budget proposes taxing income from the transfer of virtual assets at 30%; FM says central bank will issues its own digital currency.

Budget bets big on public infra: Subsidy bill falls as Covid concern eases

FM slashes Customs exemptions again, this time on capital goods

The end: Facebook-backed digital currency Diem sold to bank

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.

Budget 2022: Taxpayers can file updated I-T returns within two years

The Finance Minister said this would give taxpayers an opportunity to correct any omissions or mistakes in correctly estimating their income for tax payment

A growth oriented Budget, forms basis for a structural rally in markets

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

What Budget 2022 holds for the individual taxpayer and the investor

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