News with the tag "union budget"

India Budget 2025 (February 1): The latest Union Budget revealed by India’s Finance Minister Nirmala Sitharaman has sparked a buzz across the crypto market. Although there were no announcements on the ease of tax policies around cryptocurrencies, the FM suggested that the term “virtual digital asset...

Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India. Industr...

A country’s budget is one of the most important factors in deciding its upcoming growth and taxation. For India, the Union Budget for 2024 is scheduled to be announced on February 1st. However, besides the annual financial statement, the most important part of a budget lies in its audio, i.e. The Sp...