FY23

weTrade begins India innings; total number of consumer currently stand at 2,600

Cryptocurrency application weTrade aims to clock a turnover of Rs 100 crore by the end of FY23, Prashant Kumar, founder, weTrade, told FE Digital Currency, adding that it has been about three and a half months into operation and it requires to complete four months to be able to compute loss or profit for the …

weTrade begins India innings; total number of consumer currently stand at 2,600 Read More »

After 30% tax and one percent TDS, crypto set to battle GST; as it crafts a survival strategy

[ad_1] With several reports stating Goods and Services (GST) council might consider imposing 28% GST on cryptocurrency based services, this has led to concerns among several players. It is understood that many players believe that this move would adversely impact the sector in India. “While an 18% tax is already levied on services by crypto …

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