According to Friday’s Business Standard, India’s Central Board of Indirect Tax and Customs (CBIC) has requested information from significant Indian cryptocurrency exchanges about.
India’s cryptocurrency exchanges are launching a series of “longer-term investments” to combat this year’s slump in crypto values and a drop in activity.
The India government is considering imposing a “reverse charge” on virtual digital asset investments made through foreign platforms. A reverse charge is a.
The GST Council is expected to consider imposing a 28 percent GST on cryptocurrencies. The government wants cryptocurrency to be on par with.
Indian finance minister Nirmala Sitharaman said at Stanford University on Wednesday that regulating cryptocurrency will take time to ensure the government takes a.
As part of an ongoing effort to circumvent bank and payment company limitations, a number of Indian bitcoin exchanges are supporting peer-to-peer transfers..
According to reports, two major Indian cryptocurrency exchanges have halted deposits using a popular payment method, prompting concern in a country where, despite.
CoinSwitch Kuber, another blow to the Indian crypto economy, has temporarily halted crypto purchases. Users were not able to make an instant payment.
The International Monetary Fund (IMF) recently raised concerns about the hazards of enabling cryptocurrencies to be used as legal money. The fund is.
A member of Parliament, Sushil Kumar Modi, has encouraged India’s finance minister, Nirmala Sitharaman. Also, to consider boosting the capital gains tax on.