Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n
Regulate, Rather Than Ban<\/h2>\n\n\n\n
After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n
The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n
Regulate, Rather Than Ban<\/h2>\n\n\n\n
After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n
The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n
The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n
Regulate, Rather Than Ban<\/h2>\n\n\n\n
After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n
Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n
The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n
The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n
Regulate, Rather Than Ban<\/h2>\n\n\n\n
After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n
\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n
Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n
The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n
The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n
Regulate, Rather Than Ban<\/h2>\n\n\n\n
After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n
T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n
\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n
Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n
The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n
The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n
Regulate, Rather Than Ban<\/h2>\n\n\n\n
After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n
T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n
\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n
Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n
The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n
The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n
Regulate, Rather Than Ban<\/h2>\n\n\n\n
After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
With an estimated 20 million investors affected by the change in India, the petition has become popular on Change.org with over 25,000 signatures at the moment, with a large amount of these investors actively involved in the development of various cryptocurrency projects.<\/p>\n\n\n\nSource: Change.org<\/em> <\/figcaption><\/figure>\n\n\n\n
<\/p>\n","post_title":"Petition To Reduce 30% Tax On Crypto Gains In India Reaches 25,000 Signatures","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/indias-finance-secretary-still-believes-crypto-is-a-grey-area\/","post_modified":"2022-02-03 22:30:26","post_modified_gmt":"2022-02-03 11:30:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3359","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3355,"post_author":"1","post_date":"2022-02-02 22:30:45","post_date_gmt":"2022-02-02 11:30:45","post_content":"\n
T. V. Somanathan, Indias Finance Minister, insists on cryptocurrencies being a 'grey area' being neither illegal nor encouraged.<\/p>\n\n\n\n
\u201cCrypto-assets are currently neither illegal nor are they encouraged. So they\u2019re in a sort of a grey area.\u00a0<\/em><\/strong><\/p>T. V. Somanathan<\/cite><\/blockquote>\n\n\n\n
Clarifying in an interview with Bloomberg, Somanathan states Indians can still trade digital assets - but now with a heightened tax of 30% on gains.<\/p>\n\n\n\n
The recent tax increase is because crypto is seen as speculative transactions rather than financial market transactions due to the volatile nature of digital assets.<\/p>\n\n\n\n
The increase came because finance minister, Nirmala Sitharaman noted a 'phenomenal increase' in digital asset transactions - causing the need for a tax regime.<\/p>\n\n\n\n
Regulate, Rather Than Ban<\/h2>\n\n\n\n
After considerations imposing a total ban on Cryptocurrencies due to their threats to financial stability and macroeconomics, the country has turned to a less head-on approach.<\/p>\n\n\n\n
Somanathan plans that the country will examine international cryptocurrency regulation before rolling out its own framework. <\/p>\n\n\n\n
<\/div>\n\n\n\n
Watch the full video:<\/strong>\u00a0Crypto Assets Not Illegal or Encouraged in India: Finance Secretary<\/em><\/p>\n\n\n\n
\nhttps:\/\/www.youtube.com\/watch?v=0gPP44s6bmc\n<\/div><\/figure>\n","post_title":"India's Finance Secretary Still Believes Crypto Is A 'Grey Area'","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indias-finance-secretary-still-believes-crypto-is-a-grey-area","to_ping":"","pinged":"","post_modified":"2022-02-02 22:30:49","post_modified_gmt":"2022-02-02 11:30:49","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3355","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n
Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n
Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n
The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n
Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n
Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3359,"post_author":"1","post_date":"2022-02-03 22:28:27","post_date_gmt":"2022-02-03 11:28:27","post_content":"\n
To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n
The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n
According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n
To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n
The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n
\u201cThe dollar\u2019s reign isn\u2019t likely to end overnight \u2013 but a bric would begin the slow erosion of its dominance<\/em>,\" says Sullivan.<\/p>\n","post_title":"BRICS Currency Against The U.S. Dollar; International Trade And De-Dollarization","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"brics-currency-against-the-u-s-dollar-international-trade-and-de-dollarization","to_ping":"","pinged":"","post_modified":"2023-05-04 13:02:57","post_modified_gmt":"2023-05-04 03:02:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11396","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n
According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n
To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n
The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n
\"The BRICS would also be poised to achieve a level of self-sufficiency in international trade that has eluded the world\u2019s other currency unions. Because a BRICS currency union\u2014unlike any before it\u2014would not be among countries united by shared territorial borders, its members would likely be able to produce a wider range of goods than any existing monetary union.<\/em>\"<\/p>\n\n\n\n
\u201cThe dollar\u2019s reign isn\u2019t likely to end overnight \u2013 but a bric would begin the slow erosion of its dominance<\/em>,\" says Sullivan.<\/p>\n","post_title":"BRICS Currency Against The U.S. Dollar; International Trade And De-Dollarization","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"brics-currency-against-the-u-s-dollar-international-trade-and-de-dollarization","to_ping":"","pinged":"","post_modified":"2023-05-04 13:02:57","post_modified_gmt":"2023-05-04 03:02:57","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11396","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n
According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n
To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n
The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n
Josh Sullivan, a former economic advisor for the White House, believes that a new BRICS-issued currency may have the ability to lessen the power of the US Dollar regarding international trade.<\/p>\n\n\n\n
The program will run from January 8 to January 31, 2024. At the end of the program, successful participants can win a VIP pass to the Microsoft AI Tour in Bangalore on February 8, 2024. <\/p>\n","post_title":"Microsoft AI Odyssey: A Month-Long Initiative Aimed At Teaching 100,00 Developers In India In AI","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"microsoft-ai-odyssey-a-month-long-initiative-aimed-at-teaching-10000-developers-in-india-in-ai","to_ping":"","pinged":"","post_modified":"2024-01-10 08:03:59","post_modified_gmt":"2024-01-09 21:03:59","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14961","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":11396,"post_author":"12","post_date":"2023-05-02 01:01:43","post_date_gmt":"2023-05-01 15:01:43","post_content":"\n
Josh Sullivan, a former economic advisor for the White House, believes that a new BRICS-issued currency may have the ability to lessen the power of the US Dollar regarding international trade.<\/p>\n\n\n\n
The second level will ask the participants to complete an online assessment with interactive lab tasks that earns them \u201cMicrosoft Applied Skills credentials\u201d. These credentials will validate the developers' ability to use AI to solve practical problems.<\/p>\n\n\n\n
![\"\"](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2022\/02\/Screen-Shot-2022-02-03-at-10.20.35-pm-1160x950.png\")