India

India’s TDS rule under fire as critics call for immediate reduction
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29 January, 2023

India’s TDS rule under fire as critics call for immediate reduction

The report claims that the existing 1% TDS rate is pushing numerous industry service firms out of the country, adding...
India eyes boosting talent pool with new blockchain module for students
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27 January, 2023

India eyes boosting talent pool with new blockchain module for students

The new learning module will cover topics such as consensus algorithms, digital assets, smart contracts, civil identities, and the current...
India should introduce ‘more principle-based’ legal framework for digital currency, IT minister says
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24 January, 2023

India should introduce ‘more principle-based’ legal framework for digital currency, IT minister says

Minister Rajeev Chandrasekhar noted that the new rules would be "less prescriptive and more principle-based" to provide for the rapid...
India virtual currency industry calls for tax relief ahead of 2023 Union Budget
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22 January, 2023

India virtual currency industry calls for tax relief ahead of 2023 Union Budget

Stakeholders argue that reducing TDS from 1% to 0.01% would provide competitive prices to India's virtual currency users and safeguard...
Reserve Bank of India Gov: Digital currencies are akin to gambling and should be banned
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19 January, 2023

Reserve Bank of India Gov: Digital currencies are akin to gambling and should be banned

Shaktikanta Das, head of the Reserve Bank of India, says that the best way to regulate the industry is to...
India’s CoinSwitch adds non-digital currency products amid stern tax policies
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15 January, 2023

India’s CoinSwitch adds non-digital currency products amid stern tax policies

The new products that will be offered by CoinSwitch include mutual funds, stocks, U.S. equities, exchange-traded funds (ETFs), and fixed...
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