Saturday, October 1, 2022

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Indian Government

India Likely To Label Crypto Exchanges As E-Commerce Platforms

Indian Government is likely to categorize crypto exchanges as e-commerce platforms in its new crypto bill, to bring some regulatory clarity to the country,...

Indian Government Likely To Allow Hold Crypto As An Asset And Not Currency

Despite banning cryptocurrency in India, the government is likely to take a distinct approach. Indian Government is planning to restrict the usage of cryptocurrency as...

India Likely To Impose Income Tax And GST On Crypto Gain

Indian Government is considering imposing both direct and indirect taxes on cryptocurrencies, according to a report. The local media outlet, in its report, mentioned, “One...

India Believes Absolute Crypto Ban Is Not Feasible, Looking For Middle Path

Till the year 2020, it was being assumed that the Indian Government is adamant to impose a ban on cryptocurrency. However, in March 2020,...

India Likely To Issue Regulatory Framework For Cryptos In February 2022

Indian Government is planning to introduce its regulatory framework for cryptocurrency in February 2022, during the general Budget Session in the Parliament, according to...

India Considers Taxing Crypto Trade And Ecosystem

The Indian Government is reportedly considering taxing crypto trades and crypto exchanges in the country.  A report released by ET Now specified that the Income...

Indian Government May Define Cryptocurrencies As Commodity In New Draft Bill

The crypto draft bill, being prepared by the Indian Government, is likely to define cryptocurrencies and segregate them on the basis of their use...

Indian Government May Present Crypto Bill In Parliament During Monsoon Session

Indian Government is ready with the cabinet note for the crypto bill, declares the Finance Minister of the country, Nirmala Sitharaman, during an interview.  She...

India May Impose 2% Levy On Cryptocurrency Purchased From Foreign-Based Exchanges

The Indian Government is planning to expand the 2 percent equalisation levy on the cryptocurrencies purchased from foreign exchanges. According to a report published by...

IndiaTech.org Proposes To Use Cryptocurrency As Digital Assets

Industry association IndiaTech.org released a proposal specifying cryptos as digital assets similar to gold, stocks or market securities. The recently released proposal was a part...

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