India Confirms Crypto Regulation on G20 Agenda
The upcoming G20 summit will include a discussion on crypto regulation, according to India’s Finance Minister Nirmala Sitharaman. Crypto assets are transnational and require global regulation, she said. The event will also feature a crypto regulatory study from the Financial Stability Board and IMF. The G20 summit, which will be held on September 9-10, will […]
Prime Minister Modi Calls for Global Crypto Framework at G20 Summit
During the annual Group of 20 (G20) summit, Indian Prime Minister Narendra Modi urged cooperation in developing a global cryptocurrency regulatory framework. The G20 comprises 19 countries and the European Union, representing the world’s major developed and emerging economies. It leads to international economic cooperation, which is crucial in strengthening global architecture and governance on […]
Critical Strategies for Maximizing Crypto Tax Returns in India
Understanding crypto taxation in India is crucial for investors. This comprehensive guide explores capital gains tax, tax implications of various crypto activities, filing income tax returns, optimizing tax returns, and compliance requirements. With clear strategies and resources, crypto investors can navigate tax laws and maximize savings. Stay informed, declare crypto wallets, and maintain accurate records […]
India Probes Betting Sites for Cryptocurrency Tax Evasion
Indian authorities are ramping up efforts to curb tax evasion through cryptocurrencies and offshore entities by gambling and gaming apps. These initiatives involve investigating networks of fake businesses that allegedly use cryptocurrency to move profits out of the country. One major focus is Parimatch, a Cyprus-based organization suspected of orchestrating a sizable network. Reports indicate […]
India to Use Crypto Tokens in National Web Browser
The Ministry of Electronics and Information Technology India plans to develop a national web browser that hopes to include digitally signing documents using an embedded browser-based crypto token. On August 9, the ministry announced the launch of the Indian Web Browser Development Challenge, which aims to “inspire and empower” developers from all regions of India […]