India Election

Narendra Modi greets supporters in May. (Elke Scholiers/Getty Images)

Policy

India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto

Any plans for comprehensive crypto legislation could be kicked further down the road after a weaker-than-forecast showing for the governing party.

Narendra Modi greets supporters in May. (Elke Scholiers/Getty Images)

By Amitoj Singh

Jun 4, 2024 at 3:40 p.m. UTC

Jun 4, 2024

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Indian flag, elections, ballot box, casting vote. (Gettyimages/btgbtg)

Policy

What’s at Stake for Crypto in India as the World’s Largest Democracy Is in the Midst of Its National Election?

Crypto’s significance as an election issue remains non-existent or at best negligible.

Indian flag, elections, ballot box, casting vote. (Gettyimages/btgbtg)

By Amitoj Singh

Apr 24, 2024 at 7:51 a.m. UTC

Apr 24, 2024

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(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Policy

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year

Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

By Amitoj Singh

Feb 1, 2024 at 7:18 a.m. UTC

Feb 1, 2024

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