HMRC holds Bitcoin amid plans to seize crypto from tax evaders
HMRC are considering introducing rules that will enable them to seize cryptocurrency from businesses that fail to pay tax. The government is considering proposals that would...
Tagged: income tax
Through the looking glass: Will a transparency rule for the taxation of NFTs clarify or further distort? – Profit tax
28 April 2023 Cadwalader, Wickersham & Taft LLP To print this article, all you need to do is register or log in to Mondaq.com. In a...
IRS issues notice on taxation of NFTs as collectibles – Fin Tech
To print this article, all you need to do is register or log in to Mondaq.com. In its first published guidance addressing non-fungible tokens (NFTs), the...
How to pay tax on crypto gains if you are an NRI
Non-Resident Indians (NRIs) who have invested in crypto-assets are likely to face problems in filing their Income Tax Return (ITR) this year, due to the ambiguity...
Budget 2023: Fintechs expect subsidies for growing digital payment networks
Fintechs are expecting measures to strengthen digital payments and partnerships with banks in the upcoming Budget 2023-24 for the growing sector. According to...
To avoid crypto tax, Indian users take the global exchange route
According to data from AppTweaks, an app analytics platform, shared by industry leaders, Binance alone was downloaded 750,000 times by Indian users in June and July....