The collapse represents a setback to early cryptocurrency advocates, who painted them as challengers to the likes of Visa and Mastercard Inc
1 min read27 Nov 2018If you hold bitcoins for more than 36 months, long term capital gains (LTCG) tax will be applicable. ITR2 or ITR3 are to be used for filing bitcoin tax
2 min read15 Jul 2018Rather than taking any knee-jerk action, the finance ministry is awaiting the report of a panel constituted to deal with cryptocurrencies, FM Arun Jaitley said in Rajya Sabha
1 min read3 Jan 2018The income tax department has specifically sought details of bitcoin investments during the demonetisation period, that is between 1 November 2016 and 31 December 2016
3 min read25 Dec 2017If you as an individual invest or trade in cryptocurrencies such as bitcoins, you have to pay taxes on any gains accruing from a cryptocurrency transaction
2 min read18 Dec 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared