- 26 Oct 2021
- 1 min read
VIDHI WRITES: Why Taxing Cryptocurrencies Is An Uphill Task
Despite multiple reports that say the Bitcoin bubble may burst and the industry might see two to three years of a bitcoin winter, the enthusiasm around cryptocurrencies among Indians doesn’t seem to fade
This opinion was published in Mojo Story on October 26, 2021.
About the Authors
Yeesha is a Research Fellow working in the area of Tax. She is interested in making taxpayer friendly and bouyant tax laws. At Vidhi, she has been involved in projects relating to digitalisation of assessment and dispute resolution under the Income Tax Law. She is a Chartered Accountant and has also completed her L.L.B from Kishinchand Chellaram Law College, Mumbai. Before joining Vidhi, Yeesha worked as an Associate at Lakshmikumaran & Sridharan Attorneys, Mumbai with the Excise Litigation Team where she provided drafting and research assistance in matters upto the High Court. She also worked as a GST Trainee with Economic Law Practices, Mumbai where she had the opportunity to provide legal consultancy to clients from the real estate industry focusing on their smooth transition from the erstwhile Indirect tax regime to the GST regime. She spends most of her free time watching anime and discovering new music.
Understanding Crypto Assets and Digital Currency
Making sense of The Union Government's recent Budget announcements regarding the tax framework for cryptocurrencies and the Digital Rupee
India’s framework for Crypto tax still needs work
NFTs specifically notified by the government will be covered by VDAsPrivacy & Cookies Policy