Cryptocurrency has been classified as a virtual digital asset under section 2(47A) of the Income Tax Act. But till now the central government in India has not recognized it as a legal tender.

Indian activity on offshore platforms for virtual digital assets such as Bitcoin soared 77 per cent in 2024, according to new ...

Legislative Assembly of the National Capital Territory of Delhi and assented to by the Lt. Governor, introduces key changes to the existing Delhi Goods and Services Tax Act, 2017. Key amendments ...

ranging from subsidy distribution to tax filing, thereby laying the groundwork for a more expansive DPI ecosystem. The Digital India initiative, launched in 2015, significantly accelerated this ...

As the Indian government prepares to present the Union Budget for the fiscal year 2025-26, the cryptocurrency industry is ...

Summary: The Kerala High Court, in the case of M/s. Fortune Service & Ors v. Union of India & Ors. [WP (C) Nos. 20656/2024 et al., November 29, 2024], ruled that orders issued under Section 73 of the ...

India is implementing significant regulatory changes affecting taxation and international travel, scheduled to take effect throughout 2025. The changes represent a major shift in the country’s ...

NEW DELHI, Dec 16 (Reuters) - India's GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5% from 18%, CNBC-TV18 reported ...

The new year brings several financial rule changes, including revised fixed deposit (FD) regulations for non-banking ...

With 115 million crypto investors, India boasts the world's highest number of crypto users, according to Chainalysis' 2024 Global Crypto Adoption Index.