Budget Financial News
01.02 / 06:55
cryptocurrency
Budget
Govt to take balanced view on crypto: Sanjeev Sanyal
New Delhi: The government will take a balanced view on the issue of regulation of cryptocurrencies as they have implications on the country's financial stability, Principal Economic Adviser Sanjeev Sanyal said on Monday. Currently, there are no particular regulations or any ban on use of cryptocurrency in the country. The issue of cryptocurrency has not been covered in the Economic Survey 2021-22, Sanyal said in an interaction with media on the Survey tabled in Parliament by Finance Minister Nirmala Sitharaman earlier in the day. «As you know, this is a matter of some debate, both inside the government, in the Ministry of Finance, and even in Parliament. So, this is something that is currently in discussion,» he said.
07.01 / 06:59
cryptocurrency
Budget
Budget 2022 must bring more clarity to the cryptocurrency sector
The financial services sector in India has been characterised by exponential growth, coupled with significant innovation and disruption over the past few years. The burgeoning adoption of cryptocurrencies and the larger blockchain ecosystem in India is one such example.
19.11 / 12:29
cryptocurrency
Tax
Budget
Govt to change tax laws in Budget to tax cryptocurrency gains
The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said.
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