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Indian Tax regulators are reportedly exploring ways to bring income generated from crypto platforms operating outside India under the lens, sources familiar with the matter said. According to a local news source, India’s Central Board of Direct Taxes [CBDT] is planning to impose a 20% tax deducted at source [TDS], an equalization levy on such transactions […]
February started positively for the Indian crypto space receiving head-turning news. In her Budget Speech of 2022, India’s financial minister Nirmala Sitharaman declared a 30 percent tax on revenue from the transfer of virtual digital assets. She also added that no set-off would be permitted in case of losses. There won’t be any deductions and […]
Find out when do you have to pay taxes on crypto gains. Discover how do taxes on crypto vary from country to country? Crypto taxes in the USA, China, India, etc.
The post When Do You Have To Pay Taxes On Crypto? All You Need To Know first appeared on StealthEX.ConsenSys, an Ethereum-based blockchain firm and owner of the popular wallet MetaMask, has been making the rounds in the crypto-sphere of late. On July 11, United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo reached out to the digital asset community through an open letter, seeking input on the […]
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