Tag: virtual digital assets
Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take part
New Delhi: The Standing Committee on Finance will hold its next sitting on Thursday 2 to study the regulatory roadmap for Virtual Digital Assets (VDAs),…
New income-tax act takes effect today
New Delhi: The new Income-tax Act and budgetary provisions, including higher STT on speculative F&O trades, lower TCS on overseas tour packages and liberalised remittance…
Budget 2026 should address VDA tax losses as crypto gains taxed at 30%: SAM Partner
In the upcoming Union Budget, investors in virtual digital assets (VDA) are seeking relief on the taxation framework, particularly the ability to claim losses, even…
India may mandate 3rd-party reporting rules from April 1| Business News
NEW DELHI: India plans to further tighten its regulation of cryptocurrency tractions and could mandate third party reporting from April 1, two people aware of the…
Tracking hidden info: Income tax to change tack
A hitherto ignored feature in corporate law will be used by tax sleuths to fish out data tucked away in servers and entities outside the…