India

India Slaps 70% Tax Penalty on Unreported Crypto Trading Profits

India introduces strict tax measures on undisclosed cryptocurrency gains with penalties reaching 70% under Section 158B. The regulation places cryptocurrencies in the same category as...

India Expands Crypto Oversight: New Tax Rules and Reporting Requirements Coming in 2025

India introduces 1% TDS on crypto transactions below ₹50,000, with 30% tax on gains effective July 2022. New section 285BAA requires prescribed entities to report...

Jio Platforms Teams Up with Polygon Labs to Launch Web3 Services in India

Indian tech giant Jio Platforms partners with Polygon Labs to launch Web3 services for 450 million users. Reliance Industries subsidiary aims to integrate blockchain technology...

Microsoft Commits $3B to Boost India’s AI Future with Massive Training Initiative

Microsoft announces $3 billion investment in India's AI and cloud infrastructure. Plan includes training 10 million people in AI skills by 2030. New data centers to...

Blockchain Boosts Security and Transparency in India’s Education System

Blockchain technology helps prevent certificate fraud in India.Digital diplomas on the blockchain ensure records can't be altered.Maharashtra and other states are using blockchain for...

Can I Buy Cryptocurrency In India? Yes, Here’s How.

KEY TAKEAWAYSCryptocurrency is gaining popularity in India despite the lack of clear regulations from the government.Choosing the right platform is crucial when buying cryptocurrency...

Young Investors in India Prefer Crypto Over Gold And Stocks

Huge growth is being recorded in cryptocurrency markets in India, especially since the pandemic began, despite the fact that players in Asia's third largest...

Indian Prime Minister’s Twitter Account Hacked – Said India Adopts Bitcoin

Hackers targeted Indian Prime Minister Narendra Modi's personal Twitter account, which was hacked, sending a tweet saying that India is adopting Bitcoin as an...

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Zoom phishing attack targets Manta Network co-founder with fake videos

Manta Network co-founder Kenny Li avoided a sophisticated phishing attack that used live recordings of familiar people on Zoom.The...

Cardano Nears 2,000 Projects with Over 108 Million On-Chain Transactions

Cardano network shows robust growth with nearly 2,000 projects building on the blockchain and over 1.3 million delegated wallets...

Tether Pours $32 Million into Bitcoin Miner Bitdeer Amid Market Slide

Stablecoin giant Tether has purchased approximately $32 million in equity in Bitcoin mining company Bitdeer, increasing its stake in...

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