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India

India clarifies rules for filing controversial 1% TDS for digital assets
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28 June, 2022

India clarifies rules for filing controversial 1% TDS for digital assets

The circular from the CBDT amends the Income Tax rules to specify how firms and individuals should comply with the...
Indian digital currency exchanges asking NPCI to restore UPI services: report
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23 June, 2022

Indian digital currency exchanges asking NPCI to restore UPI services: report

In April, NPCI issued a notice that it was unaware of any digital currency exchanges using the UPI system. The...
UAE and India will cooperate on emerging technologies like blockchain in new trade deal, says Dubai Chamber official
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20 June, 2022

UAE and India will cooperate on emerging technologies like blockchain in new trade deal, says Dubai Chamber official

Omar Khan, the body's Director of International Offices, disclosed that the deal's focus areas would be blockchain technology and innovation-focused...
How to file your digital currency taxes in India? Tax expert explains
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17 June, 2022

How to file your digital currency taxes in India? Tax expert explains

According to Archit Gupta, founder and CEO of India-based digital currency tax filing startup Clear, India's tax regime for digital...
Reserve Bank of India deputy gov confirms 2023 launch for CBDC
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15 June, 2022

Reserve Bank of India deputy gov confirms 2023 launch for CBDC

T. Rabi Sankar's statement echoes the RBI's revelation in its annual report released earlier this month, where it said it...
India’s tax office clarifies website typo, 1% TDS for digital currency transactions stands
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14 June, 2022

India’s tax office clarifies website typo, 1% TDS for digital currency transactions stands

The clarification came after some observers noted that the TDS rate on the Income Tax Office's website was changed to...
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