vda

India should consider lowering the 1 percent TDS on cryptocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market, a…

The transactions in virtual digital assets (“VDAs”) have become very popular in India over the past few years. While there are different types of VDAs that are at play, cryptocurrency is one…

India’s crypto investor base witnessed explosive growth over the last 2 years, with recent estimates suggesting over 20 million crypto investors in India. India’s decision in February 2022,…

Infrastructure cost incurred in the mining of cryptocurrencies or any virtual digital assets will not be allowed as deduction under the income tax act, Minister of State for Finance Pankaj…