Indian tax authorities are currently probing potential tax avoidance related to cryptocurrency transactions. While the specific details remain undisclosed, this investigation focuses on ensuring compliance with existing tax […]
India Cracks Down on Crypto: CBDT Sends Notices to Millions Over Undeclared Income
India’s tax agency, the Central Board of Direct Taxes (CBDT), is launching a major investigation into individuals and businesses who haven’t reported income from virtual digital assets (VDAs) […]
India Unveils Crypto Tax Probe to Tackle Evasion
India’s tax authorities have initiated a probe into suspected crypto tax evasion, signaling the country’s serious intent in enforcing regulations surrounding digital assets. This investigation follows a surge […]
India’s Cryptocurrency Landscape: A Crossroads Between Opportunity and Uncertainty
India is emerging as a key player in the global cryptocurrency market, fueled by its young population and technological advancements. However, regulatory uncertainties and high taxation pose significant […]
India Cracks Down on Crypto Tax Evasion in Enforcement Drive
The Indian Income Tax Department has launched a new initiative to combat potential tax evasion and money laundering related to virtual digital assets (VDAs), including cryptocurrencies. The department […]
Unconfirmed Indian Tax Investigation Sparks Speculation About Crypto Regulations
Rumors of an Indian tax investigation into cryptocurrency-related tax evasion are swirling, with sources indicating that the tax department is reportedly examining these activities. However, no official statements […]
India Launches Cryptocurrency Tax Evasion Investigation
Indian tax authorities have initiated an investigation into potential tax evasion related to cryptocurrencies, according to reports by BlockBeats. This action aligns with a wider effort to enforce […]
Ex CM Vijay Rupani’s ‘Lucky Number’ Turns Unlucky in Tragic Plane Crash
Former Gujarat Chief Minister Vijay Rupani tragically passed away on June 12th. The date holds a significant meaning, as he reportedly used the number 1206 extensively across his […]
India’s Crypto Dilemma: Navigating Regulatory Clarity for Global Leadership
As India gears up to release its discussion paper on crypto-assets, regulatory clarity is at a crucial turning point. Coined as the “moment of immense opportunity” by Sumit […]
India CBI Seizes $327,000 in Cryptocurrency Fraud Bust
In a significant crackdown on cybercrime, India’s Central Bureau of Investigation (CBI) has seized over $327,000 worth of cryptocurrency assets linked to Rahul Arora, who was arrested for […]
RBI Stands Firm on Crypto Risks Despite Supreme Court Call for Regulation
While the Supreme Court recently advocated for regulation of cryptocurrencies, the Reserve Bank of India (RBI) reiterated its stance that digital assets pose a risk to financial stability […]
RBI Cautions on Crypto, Emphasizing Regulatory Framework
India’s central bank continues its cautious approach toward cryptocurrencies, despite the Supreme Court’s dismissal of a potential ban. The Reserve Bank of India (RBI) remains concerned about potential […]
India’s Crypto Uncertainty Persists as RBI Remains Resistant to Regulation
Despite mounting pressure from various fronts for clarity on crypto regulations, the Reserve Bank of India (RBI) continues its opposition to cryptocurrencies, citing risks to monetary policy and […]
OpenAI Seeks Indian Collaboration on AI Development
OpenAI, the US-based artificial intelligence company, is actively seeking partnerships within India as part of its global initiative, ‘OpenAI for Countries’. This new program aims to collaborate with […]
SunCrypto Launches Crypto Futures Trading: Empowering Indian Investors with Enhanced Control and Higher Potential Returns
India’s leading cryptocurrency trading platform, SunCrypto, has announced the launch of its innovative crypto futures trading feature, marking a significant step in expanding access to this burgeoning market. […]