Indian crypto holders face 70% tax penalty on undisclosed gains
India will impose tax penalties of up to 70% on undisclosed crypto gains as part of new regulations under Section 158B of the Income Tax Act.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
India will impose tax penalties of up to 70% on undisclosed crypto gains as part of new regulations under Section 158B of the Income Tax Act.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
XRP’s $1 rebound faces holders trapped above $2
Glassnode reported that XRP holders who bought between 6 and 12 months ago have an average cost basis near $2.22, roughly 52% abov...
Bitcoin treasuries already faced two collateral calls in 2026 and some loans can liquidate after just 12 hours
Public companies' Bitcoin treasury reserves become something very different once pledged to lenders. They become collateral, measu...
Chainalysis Adds Automatic Stablecoin Support As Compliance Teams Face Token Sprawl
Chainalysis Adds Automatic Stablecoin Support As Compliance Teams Face Token Sprawl is a useful reminder that crypto coverage is n...
Kraken API Partner Program: xStocks, the asset class your users are already asking for
TL;DR xStocks are tokenized U.S. equities, backed 1:1 by the underlying stock, available to partners through Kraken’s existing spo...
Perplexity AI Predicts XRP Will Hit This XRP Price by End of 2026
Perplexity AI took one look at XRP hovering at $1.06 and floated a $3 to $5 price prediction for 2026. That predicts a coin that h...
Bitcoin ETFs lose over $424M, wiping out last week’s gains as recovery fails first test
Spot Bitcoin ETFs posted $424.7 million of net outflows on July 13, more than twice the $197.4 million they had attracted across t...