How will the calculation of the 30% cryptocurrency tax for investors work in fiscal 2022-23? An illustration

30% Cryptocurrency Tax Calculation: Failure to report losses is a significant restriction. Even more for a new asset class By Anmol Gupta “Your profit is our profit, your loss is your loss – GoI” Well, the government. he didn’t say so explicitly in the 2022 Budget, but this is what Indians have been circulating on … Read more

Heavy Taxes on Cryptocurrency Better Than Absolute Restriction: Cryptocurrency Founders

AlphaPoint co-founders Igor Telyatnikov and Vadim Telyatnikov shared views on cryptocurrency trends El Salvador created history on September 7 last year, when it became the first country to adopt Bitcoin as legal tender. However, navigation was not easy for the Central American nation. Frequent technological problems, a large population unfamiliar with the use of Bitcoin, … Read more

Cryptocurrency Prices: Cryptocurrency Week At A Glance: Deep Correction In Digital Cart Scares Investors

The cryptocurrency market is known to go through volatile correction cycles. Last week was such a deep correction with double-digit falls. From a technical standpoint, the cryptocurrency market could be headed for a further decline. Bears are quite active these days. While it may seem like a tight spot for many investors, it is important … Read more

CELENFT launches celebrity-centric NFT platform

Tuesday 11 January 2022 – Bangkok Thailand – Non-fungible or NFT tokens have taken the international market by storm. According to recent data released by market tracker DappRadar, NFT’s sales volume jumped to $ 10.7 billion in Q3 2021. This is a market to watch out for! NFTs have gained considerable interest from celebrities around … Read more

bitcoin: BTC vs ETH: Bitcoin loses its grip on the cryptocurrency cart, will Ethereum be at the top of the chart?

New Delhi: Bitcoin, the largest cryptocurrency in terms of market capitalization, is facing a difficult time. Despite entering a teenager, the oldest digital saw no celebration, thanks to heavy corrections. The cryptocurrency giant appears to be losing its grip on the entire cryptocurrency market capitalization as its dominance has dropped below 40%, which was between … Read more

Bitcoin: hunt for cryptocurrencies: Experts choose six tokens for strong returns

New Delhi: The cryptocurrency market started the year on a weak note, with the top tokens dropping up to 10%, but witnessing a strong rebound on the fourth day of the year. Major currencies are back in action with gains of up to 2%. Despite the recent correction, investors are looking for tokens that can … Read more

What does a GST probe against exchanges for cryptocurrency tax mean?

bitcoin, cryptocurrency, banks

The dawn of the new year has failed to bring with it any regulatory clarity about cryptocurrencies or how they can be taxed in India. And this has its consequences. Last week, the Central Goods and Services Tax Mumbai Zone said it detected a GST evasion of Rs 40.5 crore on commission earned by Indian … Read more