Taxation

News and Trends

How Crypto Industry is Embracing Tax Compliance

Though initially disappointed with the government on imposition of high tax on income on virtual digital assets, the crypto industry is seen to be coming to terms with it and is partnering with various tax platforms in order to improve crypto tax compliance in the country.

News and Trends

Crypto Tax Platform KoinX Partners With ClearTax

The partnership between ClearTax and KoinX will greatly enhance the efficiency of report filing and facilitate the navigation of complex crypto tax calculations for users

News and Trends

CoinDCX Joins Hand with KoinX for Simplifying Taxation for Users

KoinX will be providing its comprehensive tax reports, automated crypto tax calculation and portfolio insights to CoinDCX's users at a nominal fee

News and Trends

Cleartax to Offer Crypto Taxation Solutions for Users

Cryptotax will not only provide users with offsetting of losses but will also manage GST and TDS on crypto transactions.

News and Trends

Crypto Taxation Platform TaxNodes Raises $1.6 Million In Seed Funding

The company intends to utilize the funds to bolster its mission of simplifying tax computation, and providing end-to-end solutions for individuals navigating the complexities of crypto taxation

News and Trends

DPIIT Brings Startup Taxation Issue to FinMin

Post the amendments proposed in the Finance Bill, concerns have been raised over the calculation method of fair market value (FMV) under two distinct laws.

News and Trends

WazirX And Taxnodes Join Hands To Simplify Crypto Taxation Process

With this partnership, TaxNodes will help the vast user base of WazirX to calculate and file taxes on their investments accurately and make them aware of tax developments in the virtual digital asset industry

Finance

GST On Online Gaming: the Golden Goose Egg?

This industry undoubtedly requires pro-active, progressive and equitable tax measures from the government

News and Trends

Bharat Web3 Association Seeks Relief from High Taxes

A meeting has been scheduled for the representatives of Bharat Web3 Association (BWA) and the finance ministry, particularly Central Board of Direct Taxes for next week

News and Trends

GoM To Submit Report On Online Gaming Taxation

The sources also said that the GST council is likely meet during the end of this month or by early September to discuss about the report by GoM

Growth Strategies

How has GST Revolutionised India's Economy

GST has been a great attempt by the government to formulate a robust taxation system to protect the rights of 1.35 billion Indians against the likely inflation due to the implementation of GST

Entrepreneurs

Is Angel Tax Relief a Boon for the Indian Startup Ecosystem?

Suresh Prabhu, the Minister for Commerce and Industry, recently announced this relaxation broadening the definition of a startup by extending the tenure of existence from 7 to 10 years

Entrepreneurs

Why Angel Tax Will Continue To Haunt Entrepreneurs?

The stakeholders of the startup ecosystem in India desperately want the angel tax regime to be abolished

News and Trends

Zooming in 2018 for a Healthier Panorama

Each year as India makes a new population landmark, we need to introspect on the aspect of fewer beds, doctors, nurses and infrastructure

Finance

How Freelancers can Reduce Tax Liability by Filing Under 44ADA

Presumptive Taxation Scheme can be used by freelancers, professionals and consultants who earned INR 50 lakh or less in FY 2016-17