CoinTracker Announces India Launch, to Provide Crypto Tax Compliance to Users; See Benefits

With CoinTracker, users will now be able to experiment and engage with new projects The company intends to not only engage with crypto users in India but also hire and grow their team in the country, CoinTracker said in a press release. Leading crypto tax compliance and portfolio tracking platform CoinTracker has announced its foray into … Read more

CoinTracker Announces India Launch, to Provide Crypto Tax Compliance to Users; See Benefits

With CoinTracker, users will now be able to experiment and engage with new projects The company intends to not only engage with crypto users in India but also hire and grow their team in the country, CoinTracker said in a press release. Leading crypto tax compliance and portfolio tracking platform CoinTracker has announced its foray into … Read more

TDS on Crypto Coins: WazirX, Other Trading Platforms Implement New Rules, Know Key Changes

Cryptocurrency exchanges had already started implementing the new TDS rules on crypto. The requirements to comply with the TDS rule for cryptocurrencies have been implemented on the crypto exchange websites, their officials said. A set of new rules regarding taxations of cryptocurrencies and Virtual Digital Assets have already come into effect from July 1 under … Read more

Crypto Tax Rule Makes Indian Investors Lose Interest as Trading Activity Falls: Survey

Last Updated: July 11, 2022, 14:05 IST Almost one-fourth of all respondents are thinking of shifting their trading to international exchange. (Illustration Reuters) Involving almost 10,000 respondents, the survey was conducted by WazirX and Zebpay, two of the most prominent crypto exchange platforms in the country. Crypto trading is experiencing a decline in its frequency … Read more

Crypto Winter, Tax Rules Cast Shadow on India Business; Can They Still be Called Safe?

Indian investors had readily accepted cryptocurrency as a brilliant means to invest especially after the Bitcoin boom that happened a few years back. Through all these years, India became one of the major countries where crypto trading saw the largest volumes, with millions-worth of trade happening in mere hours. However, the government and the Reserve … Read more

Crypto Tax: Italy Plans To Impose 26% Levy On Crypto Trading Gains; Details Here

Italy’s proposed law also includes disclosure obligations and extends stamp duty to cryptocurrencies. Italian tax authorities currently treat digital coins and tokens as foreign currency and impose tax accordingly Tightening the regulation on digital assets and expanding taxation on crypto trading, Italy is planning to impose a 26 per cent tax on digital assets for … Read more