Tag: Crypto
Crypto assets remain unregulated in India, but tax evasion, money laundering and non-disclosure of VDAs are under strict action by the Income Tax Department and enforcement agencies.
A computation‑first overview of how section 115BBH applies to spot crypto trades in India, covering transfer identification, valuation, cost of acquisition, and record support.
Clause 87 of Finance Bill 2026 substitutes section 446 to impose penalties for non-furnishing or inaccurate reporting of crypto-asset transactions under section 509.
Ahead of Budget 2026–27, the crypto sector seeks regulatory clarity and rationalisation of 1% TDS and VDA taxation to boost investor confidence.
ED raids 7 locations in Jaipur & Kishangarh over Digi Mudra crypto fraud. ₹11.3 lakh cash, assets worth crores seized. Probe underway.
ED attaches Rs 2,385 crore in crypto from OctaFX in forex scam probe. Total assets exceed Rs 2,681 crore amid investor losses of Rs 1,875 crore. Explore key findings, …