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Western automakers face high costs, tariffs, competition, and strict carbon rules while shifting to EVs

Western automakers face high costs, tariffs, competition, and strict carbon rules while shifting to EVs

Auto makers across Europe and the United States are dealing with several crises simultaneously. Slimmer profits, workforce reductions, and cost-cut...
India finds $72 million in hidden crypto income as tax compliance tightens

India finds $72 million in hidden crypto income as tax compliance tightens

India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, ...
Income Tax Dept of India Probes Crypto Tax Evasion Using Data Analytics

Income Tax Dept of India Probes Crypto Tax Evasion Using Data Analytics

The Income Tax Department of India has commenced an expansive investigation into allegations of evasion of taxes and laundering of unaccounted inco...
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.
Porsche, Mercedes face $3.7 billion hit from Trump tariffs

Porsche, Mercedes face $3.7 billion hit from Trump tariffs

President Donald Trump commenced his “Road to Liberation Day” plans by imposing a 25% tariff on imported cars and auto parts, which could significa...
Coinbase plans to return to the Indian market after one-year absence

Coinbase plans to return to the Indian market after one-year absence

Coinbase reportedly plans to return to the Indian market this year. The company is said to have already contacted India’s regulators, such as the F...
India Reconsiders Crypto Policy Amid Global Regulatory Shifts: Report

India Reconsiders Crypto Policy Amid Global Regulatory Shifts: Report

Currently, India only regulates crypto under anti-money laundering and electronic funds transfer laws, but wider regulations are under review.
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.
India’s finance minister wants crypto included in undisclosed income assessment

India’s finance minister wants crypto included in undisclosed income assessment

India’s finance minister Nirmala Sitharaman has disclosed that digital assets should be added under undisclosed income in a bid to strengthen crypt...
India Signals No Fixed Timeline for Crypto Rules, Calls for Global Alliance

India Signals No Fixed Timeline for Crypto Rules, Calls for Global Alliance

India declares no timeline for crypto rules, stressing global cooperation to manage borderless virtual assets and prevent regulatory loopholes effe...