The new Income Tax Bill, which will replace the six-decade old Income Tax Act of 1961, will make direct tax laws simple to ...
Section 269SS and 269T of the Income Tax Act states that transactions in cash exceeding an amount will be treated as forming part of taxable income. Generally, money provided by a husband to his ...
India’s finance minister Nirmala Sitharaman has disclosed that digital assets should be added under undisclosed income in a ...
In Budget 2025, reporting entities such as banks and crypto exchanges are now required to regularly report information on ...
India's new Income Tax law aims to simplify tax laws, reduce litigation, and make it easier for taxpayers to understand their ...
The budget did not make any changes to the 30 per cent tax on crypto income or the 1 per cent TDS on crypto transactions, ...
The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...
Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...
India's Finance Act of 2022 has introduced a 30% tax on income from cryptocurrencies, classified as virtual digital assets.
India's Finance Minister Nirmala Sitharaman revealed significant changes to the country's tax laws, which will now encompass cryptocurrencies under Section 158B of the Income Tax Act. This section ...
India reassesses crypto regulation amid global adoption but maintains existing crypto tax structures and delays the discussion paper.