Inicio
Notificación
Perfil
Artículos populares
Noticias
Historial de marcadores y "me gusta"
Centro de creador
Ajustes
LIVE
Laraxen
--
Seguir
NEW: MicroStrategy's Michael Saylor and Ark Invest's Cathie Wood supports Sen. Cynthia Lummis' call to establish a 🇺🇸 US strategic #
Bitcoin
reserve 👀🙌
Dar propina
El creador recibió 0 propina(s).
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado.
Lee los TyC.
BTC
75,726.76
+0.67%
14.7k
0
Respuestas
0
Conoce las noticias más recientes del sector
⚡️ Participa en los últimos debates del mundo cripto
💬 Interactúa con tus creadores favoritos
👍 Disfruta contenido de tu interés
Email/número de teléfono
Registrarse
Iniciar sesión
Creador relevante
LIVE
Laraxen
@CryptoPrincess
Seguir
Explora más de este creador
SEC’s Mark Uyeda has strong chance of becoming next chair — Lawyer The SEC’s “Crypto Mom” Hester Peirce is unlikely to replace Gary Gensler as the new chair, crypto lawyer Jake Chervinsky said. As Donald Trump prepares to take office as president of the United States in January 2025, the cryptocurrency community is speculating on the most likely candidates to lead the US Securities and Exchange Commission. Mark Uyeda, an SEC commissioner, is seen as a strong candidate for the role, according to crypto attorney Jake Chervinsky in an X post on Nov. 6. Commissioner Uyeda is known for criticizing the crypto regulatory approach by current SEC Chair Gary Gensler, having in October called his policies a “disaster for the whole industry.”
--
Is crypto taxed in India? A regulatory overview Since 2022, India has seen evolving regulations as it navigates the global digital finance landscape. Initially, the Indian government approached crypto with caution. Over the years, as crypto trading grew more popular, regulatory frameworks began taking shape to protect investors and establish a more straightforward tax environment. In 2022’s financial budget, the Indian government included a bill introducing crypto taxation. Section 115BBH of the 2022 Budget levied a 30% tax on the profits of trading cryptocurrencies or other virtual digital assets (VDAs) from April 1, 2022. This created a buzz on X, with a meme fest breaking out and many questioning whether crypto was now legal in India since it was taxable. India’s Finance Minister Nirmala Sitaraman clarified and was quoted at a high-level panel discussion organized by the International Monetary Fund: “We haven’t said that this is currency. We haven’t said that this has intrinsic value, but certain operations are taxable for the sovereign, and that is why we have taxed”. She added, “We did announce that the income generated out of the transactions of these crypto assets will be taxed at 30 percent, and over and above that, there is a 1 percent tax deduction at source, which is also imposed on every transaction. So, through that, we will be able to know who’s buying and who’s selling it.”
--
Crypto tax in India: Everything you need to know Key takeaways Cryptocurrency transactions in India are subject to a 30% flat tax on any profits, plus a 4% cess. A 1% tax deducted at source (TDS) applies to transactions exceeding a certain threshold. Crypto losses cannot be offset against other income or carried forward to future years. Detailed reporting of all crypto transactions is required on the Indian Income Tax e-filing portal. India’s approach to cryptocurrency taxation has evolved significantly, creating a framework that outlines what you owe — and it’s not as straightforward as you might have hoped. Given India’s specific cryptocurrency tax regulations, it’s crucial to understand the implications, whether you’re trading, holding or earning income from cryptocurrencies. Here’s a comprehensive guide covering key aspects like crypto tax rates in India, compliance and filing requirements to keep you on the right side of the law.
--
🇮🇳 INSIGHT: Crypto Taxes in India In India, cryptocurrency profits face a 30% tax, plus a 4% cess, an added levy for specific government initiatives. 🧵
--
FTX Co-founder Gary Wang Pleads for No Prison Time Gary Wang, co-founder of FTX, is pleading for no prison time, citing his cooperation with prosecutors and lesser involvement in the fraud scheme ahead of his sentencing on November 20. Gary Wang, co-founder of FTX and one of the primary figures in the recent high-profile trial against former business partner Sam Bankman-Fried, is appealing for a no prison time sentence. Wang, who is set to be sentenced on November 20 in Manhattan federal court, cited his early cooperation with prosecutors and lesser involvement in the fraudulent scheme that led to FTX’s downfall. His defense counsel, Ilan Graff, submitted a memo urging the court to consider the disparity between Wang’s actions and those of others involved, such as Bankman-Fried, Alameda Research’s former CEO Caroline Ellison, and FTX’s engineering head Nishad Singh. Gary Wang Wants No Prison Time: Should He Be Granted? In his plea for leniency, Wang mentioned that his cooperation played a central role in Bankman-Fried’s conviction. He described his participation as crucial in unraveling the complexities of the fraud. Wang testified against Bankman-Fried, detailing how he had been instructed to adjust FTX’s code to enable Alameda Research, FTX’s sister company, to access customer funds without limitations. Although Bankman-Fried was sentenced to 25 years, Wang’s defense argued that Wang’s role was more limited. Wang’s lawyer stressed that his client was neither a principal architect of the fraud nor actively aware of its scope until after it had already begun.
--
Lo más reciente
Ethereum Whale Increases Holdings With Significant Purchase
--
Republicans Poised To Retain Control Of U.S. House Of Representatives
--
BNB Drops Below 600 USDT with a 0.84% Decrease in 24 Hours
--
BNB Chain's Q3 Highlights: Gas-Free Carnival And Growth In DeFi And NFTs
--
Detroit To Accept Cryptocurrency For Tax Payments By 2025
--
Ver más
Mapa del sitio
Cookie Preferences
Términos y condiciones de la plataforma