The crypto tax law enforces a 30% tax on profits from crypto transactions, effective April 1. Traders will not be able to set off losses from other crypto transactions. Crypto gifts within a family would be exempt, but gifts above Rs. 50,000 ($660) outside the family would be taxable once in the hands of recipients.
Institutional Digital Assets: The Future of Finance Is Here
Tokenization initiatives from BlackRock, JP Morgan and others presage a revolution in payments, wealth management and other key activities of...