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India: Crypto Investors Could Be Subject to 2% Levy on Purchases from Offshore Exchanges

A report posits that Indians might be charged a 2% levy on crypto purchased from overseas exchanges. Charges Could Be Imposed on Indian Crypto Enthusiasts According to a report by The Economic Times published on June 22, digital currencies bought from crypto exchanges outside India could be subject to a 2% levy charge. Dubbed ‘equalizationRead More дальше »

2021-6-23 08:30


This could make buying Bitcoin and other cryptocurrencies more expensive for Indians

India introduced equalization levy in 2016 intending to tax digital transactions- the income accruing to foreign e-commerce companies from India. Although it aimed to tax business-to-business transactThe post This could make buying Bitcoin and other cryptocurrencies more expensive for Indians appeared first on AMBCrypto. дальше »

2021-6-22 14:00


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India Rethinking Anti-Crypto Stance, Likely to Set Up Panel to Suggest Regulations

In what could be a major development, the Indian government is rethinking its stance on the country’s fledgling but promising crypto industry. Official sources have informally confirmed that the government is planning to set up a new committee to study the latest developments in the field of cryptocurrencies and blockchain technology and suggest proper regulations. […] дальше »

2021-5-21 16:14


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How India Could Skyrocket Crypto Prices

Following the ruling by the supreme court in India that upturned the Reserve Bank of India (RBI) ban on cryptocurrency trading, high hope has returned to the cryptocurrency space. Prices of cryptocurrencies are already showing positive signs of the impact of the several million Indians getting back online as crypto exchanges resume trading with commercial […] дальше »

2020-3-8 21:16


Tim Draper may pull out of India over Citizenship Act concerns and currency after-effects

Tim Draper, American venture capitalist and Bitcoin bull has come out in vocal opposition to India's citizenship act, claiming Bitcoin could see collateral damage. For the past week, protests have beeThe post Tim Draper may pull out of India over Citizenship Act concerns and currency after-effects appeared first on AMBCrypto. дальше »

2019-12-21 10:30


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Bitcoin Use Case Underlined by Indian Bank PMC Woes

In recent months, authorities in India have been investigating the management of a major private bank, Punjab and Maharashtra Co-operative Bank, for fraud, amounting to $600 million. The investigation has left nearly 1 million bank customers without access to their funds – the sort of situation that could be avoided with Bitcoin-related financial services. дальше »

2019-11-14 05:24


Indian high court orders Facebook to name activists behind #MeToo testimonial account

One year ago in India’s capital, New Delhi, the #MeToo movement started to pick up pace as hundreds of sexual harassment and abuse survivors anonymously shared their experiences online. Many of these testimonials were published by anonymous social media accounts to protect survivors’ identity, and safely raise awareness of the realities of sexual assault in India. дальше »

2019-10-4 12:41