WebJan 24, 2024 · Within 10 days crypto trading volumes plummeted, in some cases more than 70%. The 30% tax went into effect on April 1, while the more controversial 1% TDS came into force on July 1. WebApr 12, 2024 · Crypto Trade Under India's Anti-Corruption Rules - What It Means For You Reuters Wednesday March 08, 2024, Mumbai Extending India's money laundering rules to cryptocurrencies will give...
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WebApr 3, 2024 · The minister said one show cause notice to cryptocurrency exchange Zanmai Labs Pvt Ltd, known as WazirX, and its Directors under FEMA for transactions involving cryptocurrencies worth Rs 2,790.74 crore have also been issued. Crypto assets are currently unregulated in India. WebNov 29, 2024 · In April 2024 after Bitcoin fell by about 50%, Indian Central Bank banned crypto sales and purchases. First of all, that announcement applied to financial institutions that were regulated by the Reserve Bank, which were given three months to finish all relevant transactions. WebJan 15, 2024 · The Supreme Court of India resumed hearing the crypto vs. RBI case this week. On Tuesday, the court briefly heard the case as scheduled. The counsel for the Internet and Mobile Association of ... cynthia tolleron