Cryptocurrency

Clarification on GST burden on crypto ecosystem deferred by Fitment committee

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Clarification on GST burden on crypto ecosystem deferred by Fitment committee GST Fitment committee has deferred clarification on the GST tax burden for the crypto ecosystem. According to sources, no clarity will be provided on GST applicability to crypto exchanges and related operations including mining, bartering, and wallets, etc. This means Crypto Tax will Remain … Read more

In the blogs: Just plain fun

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Taxes versus budgets; meaning of gross taxable income; new blog in town; and other highlights from our favorite tax bloggers. Just plain fun Institute on Taxation and Economic Policy (https://itep.org/category/blog/): Even as many state lawmakers cite rising prices as a major reason to cut taxes, less-noticed data offer a reminder that rising costs have the … Read more