Posts on the Topic India

Crypto taxation in India, effective from April 1, 2022, classifies cryptocurrencies as virtual digital assets (VDAs) and imposes a flat tax rate of 30% on income generated from crypto transactions along with additional surcharges and cess. The government also introduced...

The legality of Bitcoin trading in India is currently ambiguous, with no explicit ban but a lack of clear regulations, leaving traders to operate in uncertainty. The Cryptocurrency and Regulation of Official Digital Currency Bill seeks to establish a regulatory...