crypto: Budget to decide if crypto investment is business income

crypto: Budget to decide if crypto investment is business income

Mumbai: The government has sought opinion from senior tax advisors on whether the income earned from trading or investing in cryptocurrencies could be treated as business income as against capital gains from this year onwards, said two people involved in the discussions. The move could substantially increase the tax burden of crypto investors. The government … Read more

Covid committee to decide on T20 World Cup matches: ICC

Covid committee to decide on T20 World Cup matches: ICC

The fate of Twenty20 World Cup matches if players test Covid positive will be decided by a committee and not by the member boards, the global governing body said Sunday. T20 cricket’s showpiece events begins October 17 in the United Arab Emirates and Oman with the International Cricket Council hoping for a smooth tournament amid coronavirus concerns. India’s … Read more