Tag: Nirmala Sitharaman

India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech

India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech

The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to [...]
India Unlikely to See Crypto Tax Reduction in Tuesday’s Budget

India Unlikely to See Crypto Tax Reduction in Tuesday’s Budget

What's giving them hope is that the association was invited for talks with the ministry as part of the pre-budget consultations, unlike in 2022 and 20 [...]
Indian Election Result Sends Equity Market Crashing With Uncertain Implications for Crypto Legislation

Indian Election Result Sends Equity Market Crashing With Uncertain Implications for Crypto Legislation

While Modi's Bharatiya Janata Party (BJP) and its allies are poised to return to power, they didn’t hit the supermajority mark of 370 plus seats in In [...]
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year

“Digital public infrastructure and the PM’s aspiration for [innovation] will benefit from integrating provisions for long-term financing of domestic c [...]
Sri Lanka India News: Sri Lanka is counting on more help from India till the cheque from the IMF arrives

Sri Lanka India News: Sri Lanka is counting on more help from India till the cheque from the IMF arrives

Sri Lanka, reeling under its worst economic crisis since independence and hit by political turmoil, has asked India for bridging finance until the eco [...]
rupee: What is digital rupee? And how will it work?

rupee: What is digital rupee? And how will it work?

Union finance minister Nirmala Sitharaman has announced the Reserve Bank of India (RBI) will soon issue a central bank-backed digital currency (CBDC). [...]
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