India’s Crypto Tax: A Four-Layered Reality Indian crypto investors face a stringent and layered tax structure for Virtual Digital Assets (VDAs) as of 2025. According to experts, the rules are “uncompromising,” regardless of whether the market is bullish or bearish. 1. Flat 30% Income Tax: Under Section 115BBH of the Income Tax Act, all gains … Read more
Navigating India’s High-Stakes Crypto Tax Landscape in 2025 Despite India’s strict tax regime, the country has emerged as a global powerhouse in cryptocurrency adoption, ranking second worldwide in Bitcoin holdings. As Bitcoin prices surge, Indian investors are re-engaging with the market, but the cost of entry has never been higher. A four-tiered tax system, combined … Read more
Directorate of Enforcement (ED), Jalandhar Zonal Office, has issued a Provisional AttachmentOrder under the under the provisions of Prevention of Money Laundering Act (PMLA), 2002 on17.07.2025 vide which immovable properties worth Rs. 7.31 Crore situated in Ludhiana and Mohalihave been attached in a money laundering investigation related to running of an illegal call centre byAnkush … Read more
Major Updates to ITR-3 Excel Utility for AY 2025-26: What Taxpayers Need to Know The Income Tax Department has rolled out significant changes to the ITR-3 Excel utility for Assessment Year 2025-26, impacting individuals and Hindu Undivided Families (HUFs) with income from business or profession exceeding Rs 50 lakh. These updates aim to enhance transparency … Read more
Bitcoin Surges Past $123,000: A Guide to Booking & Reporting Crypto Gains in India Bitcoin has hit a new all-time high, crossing the $123,000 mark, igniting excitement among over two crore crypto investors in India.1 This massive rally, which has seen a ₹1 lakh investment in Bitcoin grow to over ₹12 lakh since July 2020, … Read more
Income Tax Department Nudges Crypto Investors: Declare Your Virtual Digital Assets (VDAs) Now The Indian Income Tax Department (ITD) is intensifying its focus on cryptocurrency gains, urging thousands of investors who haven’t declared their Virtual Digital Assets (VDAs) to rectify their income tax filings. This proactive measure is part of the ITD’s “NUDGE” campaign, emphasizing … Read more
CBDT Cracks Down on Undisclosed Crypto Income India’s tax authorities are intensifying their efforts to ensure compliance with cryptocurrency income declarations. The Central Board of Direct Taxes (CBDT) has launched a significant crackdown on individuals and entities suspected of evading taxes and laundering money through undisclosed or underreported crypto transactions. The CBDT’s data-driven investigation has … Read more
CBI Busts Transnational Cybercrime Racket; Recovers Crypto currencies worth Rs. 2.8 Crore; One accused arrested The Central Bureau of Investigation (CBI), as part of its sustained operation against cybercrime under ‘Chakra-V’, conducted searches at three locations. The case was registered on the basis of credible information regarding a cybercrime syndicate operating from India, targeting unsuspecting … Read more