<p>Chartered Accountants India | Cryptocurrency Taxation | NRI Taxation | USDT Arbitrage | UAE Company Incorporation | Outsource Accounting Services | 2024</p>
FEMA and RBI govern the FOREX Transaction Rules of India. RBI AND FEMA provide the guidelines for Sending Money Abroad from India depending on the purpose and nature of remittance. Under the various schemes and regulations of the FEMA Act, the limits of remittance for…
Cryptocurrency Taxation does not necessarily imply legality. Let it be clear that just because income tax or GST has been charged on the transaction, it does not by itself make the transaction legitimate. Taxability and legality of transactions are independent of each other - a…
Due to the recent growth in Cryptocurrency trading activity in the country, India’s tax department has reportedly decided to “chase” the data it has acquired about individuals trading Cryptocurrency way before the Reserve Bank of India banned it in 2018. Whether or not this information…