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Part of a $3.3 Billion Sweep, India’s Tax Man Finds $124 Million in Undeclared Crypto

Part of a $3.3 Billion Sweep, India’s Tax Man Finds $124 Million in Undeclared Crypto

India’s Ministry of Finance has reported uncovering a staggering ₹29,208 crore (approximately $3.33 billion) in hidden foreign assets for 2024-25, ...
CBDT probes crypto tax evasion in India

CBDT probes crypto tax evasion in India

India's Central Board of Direct Taxes (CBDT) has launched an investigation into unaccounted crypto incomes among traders in the country.
Indian Crypto Investors Risk 70% Penalty Under New Tax Rules

Indian Crypto Investors Risk 70% Penalty Under New Tax Rules

India has introduced new crypto tax amendments that impose a 70% penalty on undisclosed cryptocurrency gains.
Samsung expects a 15-fold jump in profitability, thanks to AI

Samsung expects a 15-fold jump in profitability, thanks to AI

Samsung Electronics on Friday announced it is expecting a 15-fold increase in operating profit for the second quarter of 2024, driven by AI. The fi...
Crypto Projects Worth Keeping an Eye On

Crypto Projects Worth Keeping an Eye On

Despite the recent bear run that lasted for a while, there is undeniable evidence that the bull run has commenced in the cryptocurrency market. Num...
Bitget and ClearTax Join Forces to Assist Indian Consumers in Filing Crypto Tax

Bitget and ClearTax Join Forces to Assist Indian Consumers in Filing Crypto Tax

As included in the collaboration between ClearTax and Bitget, both platforms would carry out several activities related to community awareness.
Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024

Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024

A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next yea...