All virtual digital assets (VDAs) and their revenues will be subject to tax. Those that make money by converting Bitcoin to NFTs will also be taxed. The Finance Bill, 2022 was approved in the Lok Sabha, which means that the Budget 2022’s measures on crypto tax would begin to take
Shaktikanta Das, the RBI governor, was the focus of MP Misra’s attack. Pinaki Misra criticized the government’s current position on digital assets. It’s no secret that the Indian government has been wary about cryptocurrencies‘ potential impact. Even Pinaki Misra, a country lawmaker, says that the government has created uncertainty surrounding
Virtual digital asset (VDA) enterprises must comply with 12 rules. The ASCI claims that aggressive advertising for these items has been going on. A disclaimer on the risks of investing in digital assets in India will be required beginning on April 1. New rules issued by the country’s advertising authority
The recommendations apply to all marketing relating to virtual digital assets (VDA). The standards outline how the disclaimer should be designed. The Advertising Standards Council of India (ASCI) announced rules for advertising and promoting virtual digital assets and services on Wednesday. The recommendations apply to all marketing relating to virtual
The channel name was changed to “Ethereum” by the attacker. The International Day of Democracy was chosen as the day for the introduction. Recently, YouTube removed Sansad TV’s YouTube channel because it violated YouTube’s Community Guidelines, according to a statement from the company. According to the broadcaster, the channel name
India’s central bank digital currency (CBDC) is also being developed by RBI. RBI would adopt crypto taxes before issuing its digital currency. It has been stated that the Indian government is “constantly monitoring” and “watching the crypto sector” by Finance Minister Nirmala Sitharaman. In reference to her budget address, she
All digital asset transactions would be subject to a 1% TDS. The Reserve Bank of India will introduce a digital rupee this year. Sources have long maintained that cryptocurrencies would be deemed digital assets, which Finance Minister, Nirmala Sitharaman, appeared to affirm today. Even though the government has not yet
India to completely incorporate Metaverse into its education. Metaverse tableau opened up upon Republic Day 2022. IT giants of India too bulge into Metaverse. Blockchain ecosystem has really come a long way. Giving spread to numerous attributes with different functions and features all taking over the world from their ends.
Modi said it is impossible for just one government to make judgments. Indian PM spoke at Switzerland’s World Economic Forum Davos conference. Narendra Modi, Indian Prime Minister, urged global action on cryptocurrencies, drawing comparisons to inflation and climate change. The Indian Prime Minister spoke at the World Economic Forum Davos
Scammers are on the rise as more Indians begin to trade in various coins. The scammers are accused of defrauding at least 900 people. According to a statement released Monday this week, the Indian Enforcement Directorate reportedly confiscated $4.9 million worth of assets from a businessman suspected of money laundering
