Nirmala Sitharaman

India G20 presidency wants common digital currency regulation, Nirmala Sitharaman says
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15 April, 2023

India G20 presidency wants common digital currency regulation, Nirmala Sitharaman says

The Finance Minister stated that with a global outlook on digital currencies, bad actors could not profit from regulatory arbitrage...
India teams up with IMF and FSB on global virtual currency regulations
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10 February, 2023

India teams up with IMF and FSB on global virtual currency regulations

India is mulling a partnership with the International Monetary Fund (IMF) and the Financial Stability Board (FSB) in its quest...
Rationalized India tax regime to bring down TDS—Digital currency experts hopeful for Union Budget 2023
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7 February, 2023

Rationalized India tax regime to bring down TDS—Digital currency experts hopeful for Union Budget 2023

India’s Finance Minister presented the Union Budget for 2023-24, but the question is will the government change its existing taxation...
India snubs plea to reduce tax burden in Union Budget 2023
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4 February, 2023

India snubs plea to reduce tax burden in Union Budget 2023

Existing laws on digital assets remain, including the 1% TDS, following the Union Budget, but key industry players remain hopeful...
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 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...
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