TDS on crypto and virtual digital assets will be incorporated very soon in India
After a 30% tax on income from crypto-verse transactions and the upcoming 1% tax deduction at source (TDS), the Indian government may now think about...
Category : Cryptocurrency Tax
How cryptocurrency taxation works in India and around the world
Cryptocurrencies have progressed from uncertain speculative products to virtual digital assets (VDA), but it has taken a long time to gain acceptance from both developing...
Portugal Does Not Levy Taxes on Cryptocurrency Capital Gains
Well-known bitcoin news Twitter account Bitcoin Archive recently tweeted and shared that bitcoin capital gains are not taxed in Portugal. #Bitcoin capital gains are not...
California passed a bill that encourages bitcoin and crypto adoption
Crypto influencer Lark Davis recently tweeted, breaking the news that California has passed a bill that encourages bitcoin and crypto adoption. California passed a bill...
South Korea Will Raise Threshold of Its Cryptocurrency Tax
Leading crypto Twitter page Watcher Guru tweeted breaking news that South Korea is planning to raise its tax threshold on cryptocurrency from $2000 to $40000....
Russia Has Given Cryptocurrencies the Green Signal for International Trade
Russia’s Federal Tax Service has urged legal entities to use Bitcoin and crypto in foreign trade, according to a recent tweet by Bitcoin Magazine. JUST...
WazirX, Has Relocated its Base to Dubai, Citing Indian Heavy Tax Laws
WazirX, the largest cryptocurrency exchange in India, is said to have relocated to Dubai from its previous location in the country. A leading crypto-based Twitter...
In a case involving sanctions on North Korea, a cryptocurrency expert was sentenced to 5 years in Prison
On Tuesday, a cryptocurrency expert was sentenced to more than five years in federal prison for aiding the North Korean government in evading United States...
Coinbase Suspends Purchase Orders in India Only 3 Days After its Introduction
Despite Coinbase’s promise to support the widely used Unified Payments Interface (UPI) three days after its introduction in India, the company deactivated the feature on...
Thailand Approves Crypto Trading Tax Relief Measures
The Thai Cabinet has authorized tax breaks for cryptocurrency traders. According to a Thai bitcoin exchange executive, the new tax rules are “far more beneficial...
