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Ad Spend by Indian Crypto Exchanges Decline by 89%: Report

Ad spending by major Indian crypto exchanges has fallen by nearly 89% in the first half of 2022 compared to the same period of the previous year, said a report by India Today. According to cryptocurrency data research firm Credit Rating for Exchanges Blockchains and Coin Offerings (CREBACO), major Indian crypto exchanges spent more on advertising […] дальше »

2022-9-4 21:51

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Indian Crypto Sector Likely To Attract 28% GST

Indian tax authorities are planning to put crypto activities in the category of services that attract the highest Goods and Services Tax (GST). According to media reports, the GST council has constituted a committee to study and map different crypto activities such as trading, staking, and wallets for tax purposes. As of now, crypto exchanges […] дальше »

2022-5-10 23:36

30% On Crypto Gains Not Enough; India To Tax DeFi Now

The Indian Government now wants to levy additional taxes on crypto by extending it to gains made from Decentralised Finance (DeFi). After the introduction of the 30% tax and 1% tax deducted at source (TDS), the tax department of India shall scrutinise interests earned on cryptocurrencies from platforms outside of India. The government wishes to […] дальше »

2022-5-4 04:00