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Read more about the article Budget 2023: Smartphones, TVs Could Get Cheaper as FM Announces Tax Cuts

Budget 2023: Smartphones, TVs Could Get Cheaper as FM Announces Tax Cuts

  • Post published:February 5, 2023

Finance Minister Nirmala Sitharaman on Wednesday announced a cut in customs duty on the import of certain inputs for mobile phone manufacturing.In her Budget 2023-24 speech, she said India's mobile…

Continue ReadingBudget 2023: Smartphones, TVs Could Get Cheaper as FM Announces Tax Cuts
Read more about the article Union Budget 2023-24 Expectations: Crypto Sector Hopes for Tax Deduction

Union Budget 2023-24 Expectations: Crypto Sector Hopes for Tax Deduction

  • Post published:February 1, 2023

Union Budget 2023-24 will be tabled by Finance Minister Nirmala Sitharaman in the Indian Parliament today at 11 am. Just like various other sectors, the crypto market is also expecting…

Continue ReadingUnion Budget 2023-24 Expectations: Crypto Sector Hopes for Tax Deduction
Read more about the article Crypto Firms Seek Tax Relaxation From Government Ahead of Union Budget

Crypto Firms Seek Tax Relaxation From Government Ahead of Union Budget

  • Post published:January 19, 2023

India's contribution in the development of Web3, metaverse, and blockchain could increase multi-fold, if more Indians engaged with the digital assets sector, according to PayBito chief Raj Chowdhury. India's current…

Continue ReadingCrypto Firms Seek Tax Relaxation From Government Ahead of Union Budget
Read more about the article KoinX Launches Crypto Tax Tool for Indian CAs, Aims to Spike Userbase by 400 Percent

KoinX Launches Crypto Tax Tool for Indian CAs, Aims to Spike Userbase by 400 Percent

  • Post published:January 9, 2023

KoinX, India-born crypto taxation platform, is aiming at increasing its userbase by 400 percent in 2023. Moving towards its aim, KoinX on Monday, January 9, launched ‘Tax Professionals'. This new…

Continue ReadingKoinX Launches Crypto Tax Tool for Indian CAs, Aims to Spike Userbase by 400 Percent
Read more about the article Walmart Says It Paid Most of $1 Billion Tax to Shift PhonePe Base to India

Walmart Says It Paid Most of $1 Billion Tax to Shift PhonePe Base to India

  • Post published:January 6, 2023

Walmart late on Wednesday confirmed that it had already paid the Indian government most of the nearly $1 billion (roughly Rs. 8,300 crore) in tax owed after digital payments company PhonePe,…

Continue ReadingWalmart Says It Paid Most of $1 Billion Tax to Shift PhonePe Base to India
Read more about the article Italy Imposes 26 Percent Capital Tax on Crypto Profits Above This Amount

Italy Imposes 26 Percent Capital Tax on Crypto Profits Above This Amount

  • Post published:January 3, 2023

Italy's parliament has decided to impose a 26 percent capital tax on profits exceeding $2,060 (roughly Rs.1.7 lakh) generated out of crypto trading. The country has acknowledged the presence of…

Continue ReadingItaly Imposes 26 Percent Capital Tax on Crypto Profits Above This Amount
Read more about the article UK PM Rishi Sunak Revokes Tax Payments for Foreign Crypto Buyers: Details

UK PM Rishi Sunak Revokes Tax Payments for Foreign Crypto Buyers: Details

  • Post published:January 3, 2023

Rishi Sunak, the Prime Minister of the UK, is actively working on shaping up the crypto sector for the nation with rules and regulations. Going into 2023, foreigners who are…

Continue ReadingUK PM Rishi Sunak Revokes Tax Payments for Foreign Crypto Buyers: Details
Read more about the article Apple Gets $105 Million Tax Bill in Japan for Bulk Sale of iPhone: Report

Apple Gets $105 Million Tax Bill in Japan for Bulk Sale of iPhone: Report

  • Post published:December 28, 2022

The Tokyo unit of US technology giant Apple has been slapped with $105 million (roughly Rs. 870 crore) in additional taxes over bulk duty-free sales of iPhone smartphones and other…

Continue ReadingApple Gets $105 Million Tax Bill in Japan for Bulk Sale of iPhone: Report