Consultation paper on cryptocurrency ready: Ajay Seth
Countries that chose to prohibit crypto can't succeed unless there is a global consensus around it, says DEA secretary Ajay Seth.
cryptocurrency bill
May 2022
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December 2021
Crypto tax becomes law amidst industry outcry against high tax rate
As per the new crypto tax law, loss from the transfer of virtual digital assets will not be allowed to be set off against the income arising from transfer of another VDA.
Crypto Tax: 'No setoff of losses' to drive investors to grey market!
The crypto industry seems to be disheartened as it believes such measures would discourage investor participation in the emerging asset class.
Budget 2022: Are taxes on your crypto gains round the corner?
Industry observers have exhorted governments around the world to classify cryptocurrencies as digital asssets and not currencies.
Ban cryptocurrency, demands RSS affiliate
While use of blockchain technology must be encouraged in all spheres of economic or social activities, it should not be linked to cryptos, demanded SJM.
