Punit Agarwal News Today

Financial Literacy News: As the deadline for updating Income Tax Returns (ITRs) for the fiscal year 2020-21 draws near, many individuals have recently received emails from the Income Tax Department regarding significant transactions flagged in their Annual Information Statement (AIS). Here's what you need to know about these communications and how to address them:

The Gujarati Cultural Association's annual kite festival in Fremont takes to the skies to celebrate Makar Sankranti

India’s income tax authorities are reportedly increasing their compliance focus on digital assets. Punit Agarwal, founder of KoinX, addressed the rise in…

The IMF-FSB synthesis paper on policies for crypto assets has proposed the need for a comprehensive policy and regulatory response for crypto-assets to address the risks to macroeconomic and financial stability

Hurt by risk averse market sentiment and crippling fall in trading volumes, crypto exchanges in India have become leaner and expanded beyond cryptocurrencies to sustain their business. The jury is still out on whether these measures will help avoid or accelerate their demise

However, the latest Fiscal Responsibility bill still requires the approval of Congress before it could take effect.

Engaging discussions were held around the importance of education in Web3 and the growing potential of decentralised finance (DeFi)

While crypto businesses in the U.S. groan for the countrys lack of clear regulations for the industry, the proposed 30% tax on crypto mining could drive miners away to places with much higher carbon

While crypto businesses in the U.S. groan for the countrys lack of clear regulations for the industry, the proposed 30% tax on crypto mining could drive miners away to places with much higher carbon

Mumbai (Maharashtra) [India], April 28 (ANI/PRNewswire): KoinX, a leading provider of tax calculation software, is excited to announce the integration of XDC Network. XDC Network is one of the fastest-growing blockchain ecosystems around the globe with its Ethereum scalable solutions and encouraging developers to build real-world Dapps, tokenize assets on the most sustainable and energy-efficient networks. Governments worldwide are working to develop new tax regimes for the decentralized ecosyst...