News list for " Nirmala"

Indian Finance Minister: Controversial crypto tax rules remain unchanged

Indian Finance Minister Nirmala Sitharaman said in a speech announcing the 2024-2025 national budget on Tuesday that cryptocurrency taxation rules remain unchanged. The main demand of the Indian crypto industry is to reduce the controversial crypto transaction tax deduction (TDS) policy from 1% to 0.01%, and presented evidence from multiple sources to government officials, including a think tank study. The industry has also demanded that the government levy a progressive tax on earnings rather t...

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2024-07-23 15:22:09
印度财政部长:有争议的加密税收规则保持不变

印度财政部长Nirmala Sitharaman周二在宣布 2024-2025 年国家预算的讲话中表示,加密货币税收规则保持不变。印度加密行业的主要需求是将有争议的加密交易税收扣除(TDS)政策从1%降至0.01%,并向政府官员陈述了来自多个来源的证据,其中包括一项智库研究。 该行业还要求政府对收益征收累进税,而不是30%的固定税率,并允许亏损抵消收益。此外还试图推动多机构监管。

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2024-07-23 15:22:09
Industry experts: India is unlikely to include crypto tax breaks in upcoming budget

Industry experts say Indian Finance Minister Nirmala Sitharaman will unveil the full budget for 2024-2025 on Tuesday, but the country is unlikely to change its controversial tax deduction (TDS) for crypto transactions. Punit Agarwal, founder of cryptocurrency tax platform KoinX, said, I don't expect India to reduce its TDS by 1% anytime soon, although it is necessary. The current tax rate has led to capital outflows to international exchanges and DEXs, ultimately costing the government....

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2024-07-22 17:54:26
行业专家:印度不太可能在即将公布的预算中减免加密税收

行业专家表示,印度财政部长 Nirmala Sitharaman 将于周二公布 2024-2025 年的全部预算,然而该国不太可能改变其有争议的加密交易税收扣除(TDS)政策。 加密货币税收平台 KoinX 的创始人 Punit Agarwal 表示,我预计印度短期内不会降低 1%的 TDS,尽管这是必要的。目前的税率导致资本外流到国际交易所和 DEX,最终给政府造成损失。...

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2024-07-22 17:54:26