indian government – Page 4

India’s Digital Currency to Take ‘Very Calibrated, Graduated’ Approach, Says RBI Deputy Governor

RBI’s Central Bank Digital Currency to Take 'Very Calibrated, Graduated' Approach, Says Deputy Governor

Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar has outlined the implications of India issuing a central bank digital currency, the digital rupee. ”I think central banks would go about it in a very calibrated, graduated manner, assessing impact all along the line,” he explained. RBI’s Deputy Governor Discusses Indian Central Bank Digital […]

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Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity

Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India’s financial inclusion goals via crypto and Web3 investments.

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30% crypto tax becomes law in India following Finance Bill approval

India’s new crypto tax policy is based on its gambling and lottery ticket win tax rules, that is set to come into effect from April 1.

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Indian state gov’t uses Polygon to issue verifiable caste certificates

In partnership with LegitDoc, the Maharashtra government is in the process of rolling out 65,000 caste certificates to aid the process of delivering governmental schemes and benefits.

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Law Decoded: Crypto taxes and taxes on crypto, March 21–28.

Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains.

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Crypto tax policy framework passes India’s parliament despite pushback from lawmakers

Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1.

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Tax man: India’s new tax policies could prove fatal for crypto industry

India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry.

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RBI Crypto: Indian Government Says Central Bank Has No Plan to Issue Cryptocurrency

RBI Crypto: Indian Central Bank Has No Plan to Issue Cryptocurrency, Government Says

The Indian government has told parliament that it does not have a plan to issue cryptocurrency to be regulated by the central bank, the Reserve Bank of India (RBI). The government also clarified that India’s central bank digital currency (CBDC), that the RBI will launch this financial year, is “a digital version of traditional paper […]

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