The Indian government is closely monitoring high-value financial transactions using data analytics and inputs from various ...

Section 269SS and 269T of the Income Tax Act states that transactions in cash exceeding an amount will be treated as forming part of taxable income. Generally, money provided by a husband to his ...

The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for ...

India’s finance minister Nirmala Sitharaman has disclosed that digital assets should be added under undisclosed income in a ...

India's new Income Tax law aims to simplify tax laws, reduce litigation, and make it easier for taxpayers to understand their ...

The budget did not make any changes to the 30 per cent tax on crypto income or the 1 per cent TDS on crypto transactions, ...

Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they ...

In Budget 2025, reporting entities such as banks and crypto exchanges are now required to regularly report information on ...

Illustration: Dominic Xavier/Rediff.com India ... Income Reporting Residence-based taxation means investors with overseas income will need to ensure accurate reporting and compliance with Indian ...

India enforces a 70% tax penalty on undeclared crypto gains, applying retroactively from February 2025. Compliance is ...

India's Finance Minister Nirmala Sitharaman revealed significant changes to the country's tax laws, which will now encompass cryptocurrencies under Section 158B of the Income Tax Act. This section ...