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Finance Ministry Asserts There is No Plan to "Boost" Cryptocurrencies
nirmala sitharaman

Finance Ministry Asserts There is No Plan to "Boost" Cryptocurrencies

Pankaj Chaudhary, the Minister of State for Finance in a written response says there is no plan to boost cryptocurrencies to a question in the Lok Sabha. As of now, ...
India Has No Plans to Recognize Bitcoin as a Currency Says Nirmala Sitharaman
nirmala sitharaman

India Has No Plans to Recognize Bitcoin as a Currency Says Nirmala Sitharaman

Finance Minister of India Nirmala Sitharaman has stated in the Lok Sabha on Monday that the govt has no plans to recognize Bitcoin as a currency in the country. Acco ...
Gitumani TalukdarNov 30, 2021
Union Budget 2022: 30% Tax on Virtual Asset Transfer
nirmala sitharaman

Union Budget 2022: 30% Tax on Virtual Asset Transfer

The government did not adjust the income tax brackets. Finance Minister Nirmala Sitharaman has made a number of significant announcements, including a 30 percent tax ...
Prabhjeet BhatlaFeb 1, 2022
Budget 2022: India’s FM Nirmala Sitharaman Announces India is Coming Up With Its Digital Rupee
nirmala sitharaman

Budget 2022: India’s FM Nirmala Sitharaman Announces India is Coming Up With Its Digital Rupee

Starting in 2022-23, the Reserve Bank of India (RBI) will issue digital rupees using blockchain and other technologies. This will provide a significant boost to the ...
Union Budget 2022-23: Hopes Abound, But Ideas Are Scarce
nirmala sitharaman

Union Budget 2022-23: Hopes Abound, But Ideas Are Scarce

While Finance Minister Nirmala Sitharaman‘s fourth budget is sensible in approach, it isn’t exactly brimming with innovative ideas. Sitharaman has missed ...
Prabhjeet BhatlaFeb 2, 2022
Experts Discuss ASCI's New Guidelines for NFT and Cryptocurrency
nirmala sitharaman

Experts Discuss ASCI's New Guidelines for NFT and Cryptocurrency

The latest trend-making rounds on the Internet are non-fungible tokens (NFTs). From Bollywood celebrities including Deepika Padukone, Amitabh Bachchan, Yuvraj Singh ...
Priyanka JadhavFeb 24, 2022
Nischal Shetty Appeals Indian Govt to Rethink Proposed Crypto Tax
nirmala sitharaman

Nischal Shetty Appeals Indian Govt to Rethink Proposed Crypto Tax

Nischal Shetty, founder and CEO of the popular Indian crypto exchange WazirX, has appealed to the government to re-examine the proposed crypto tax law to build a fav ...
Jafrin AhmedMar 5, 2022
India Will Began Taxing Crypto from April 1
nirmala sitharaman

India Will Began Taxing Crypto from April 1

The past few years observed a hot & rising investment topic amongst many – cryptocurrency. The 2022 Indian Fiscal Budget acknowledges cryptocurrencies. Fin ...
Priyanka JadhavMar 16, 2022
Nirmala Sitharaman On Money laundering And Terror Financing Around Cryptocurrency
nirmala sitharaman

Nirmala Sitharaman On Money laundering And Terror Financing Around Cryptocurrency

Sitharaman is in the United States on an official visit to attend the International Monetary Fund and World Bank spring meetings. Union Finance Minister Nirmala Sith ...
Usha YadavApr 19, 2022
Crypto regulation Will Take Time: India FM Nirmala Sitharaman
nirmala sitharaman

Crypto regulation Will Take Time: India FM Nirmala Sitharaman

Indian finance minister Nirmala Sitharaman said at Stanford University on Wednesday that regulating cryptocurrency will take time to ensure the government takes a ca ...
Usha YadavApr 28, 2022
Indian Government Wants to Impose Taxes on Interest Earned on Cryptocurrencies via DeFi: Report
nirmala sitharaman

Indian Government Wants to Impose Taxes on Interest Earned on Cryptocurrencies via DeFi: Report

According to a story in the Economic Times, the Indian government is looking into levying additional taxes on interest collected on cryptocurrencies using decentrali ...
Usha YadavMay 3, 2022