The demand for cryptocurrencies is on a roller coaster this year due to the bearish movement in the global market. As of the end of the second quarter of 2022, emerging markets are currently dominating cryptocurrency adoption, with India ranking fourth. Cryptocurrencies continue to be hot topics for investment options despite their complexity and highly sentimental nature. Cryptocurrencies are riskier than stocks. However, this market has shown a unique form of investing in digital currencies and many are still deceived by its charm. Like any other investment in market-related instruments, cryptocurrencies also have a multitude of tax rates that an investor will have to pay on their trades. However, some tax breaks are applicable especially for crypto assets such as airdrops, savings accounts, etc.
BROOK PARK, Ohio — People who worked from home during the pandemic instead of their usual office in another city can apply for an income tax refund, but Brook Park wants to make sure it gets its share of any income tax due. As of March 1 municipal Council Meet, Chief Financial Officer Greg Cingle […]
In line with the Government’s policy to facilitate the conduct of business and the decriminalization of offences, the Central Board of Direct Taxes (CBDT) has issued revised guidelines for the composition of various offenses under the Income Tax Act. revenue. Some of the key changes to benefit taxpayers include making the offense punishable under section […]
Income Tax Department Opens Investigation Against Perfume Baron Piyush Jain, Files Statement in Jail
The Income Tax Department has launched an investigation against Kanpur-based perfume baron Piyush Jain. On Friday, officials recorded Jain’s statement at the jail where he is currently being held. Piyush Jain was arrested in 2021 after authorities found 32 gold biscuits weighing 23kg in his house (Picture: File) After the General Directorate of GST Intelligence […]