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Tag: Indian Government

India’s Digital Currency to Take ‘Very Calibrated, Graduated’ Approach, Says RBI Deputy Governor

April 9, 2022 wp-bot Bitcoin News

Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar has outlined the implications of India issuing a central bank digital currency, the digital rupee.

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Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity

April 4, 2022 wp-bot Coinbase, Cointelegraph

Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India’s financial inclusion goals via crypto and Web3 investments.

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30% crypto tax becomes law in India following Finance Bill approval

March 31, 2022 wp-bot Cointelegraph

India’s new crypto tax policy is based on its gambling and lottery ticket win tax rules, that is set to come into effect from April

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Indian state gov’t uses Polygon to issue verifiable caste certificates

March 29, 2022 wp-bot Cointelegraph

In partnership with LegitDoc, the Maharashtra government is in the process of rolling out 65,000 caste certificates to aid the process of delivering governmental schemes

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Law Decoded: Crypto taxes and taxes on crypto, March 21–28.

March 29, 2022 wp-bot Cointelegraph

Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains.

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Crypto tax policy framework passes India’s parliament despite pushback from lawmakers

March 25, 2022 wp-bot Cointelegraph

Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take

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