Nirmala Sitharaman


Policy

El documento de debate Cripto de la India se encuentra en suspenso debido a otras prioridades

Las autoridades financieras han tenido que priorizar asuntos como el presupuesto de la nación durante un año electoral, reuniones con otras naciones y las inminentes reuniones anuales del Banco Mundial.

Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Policy

India mantiene fuertes impuestos a las Cripto mientras se revela el presupuesto provisional en año electoral

Las expectativas eran bajas en cuanto a un cambio en los estrictos impuestos sobre las transacciones de Cripto : un impuesto del 30% sobre las ganancias y un TDS del 1% sobre todas las transacciones.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Videos

India Keeps Restrictive Crypto Tax Rules in 2023 Budget

India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector in 2022. Now the world's largest democracy is keeping its restrictive crypto tax rules unchanged in 2023 as Finance Minister Nirmala Sitharaman did not mention crypto, virtual digital assets, blockchain or central bank digital currencies (digital rupee) while unveiling the nation’s budget. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses how this could impact crypto adoption and trading volumes in the country.

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Videos

India’s 30% Crypto Tax Proposal Explained

Indian Finance Minister Nirmala Sitharaman announced the nation’s budget Tuesday, revealing it will tax digital assets at a 30% rate and launch a digital rupee by 2023.

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Videos

Indian Budget Provision Allows Government to Define NFTs

A clause in India's 2022 budget announced Tuesday by Finance Minister Nirmala Sitharaman suggests the Modi government may be seeking to define what is or is not a non-fungible token (NFT). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the regulatory implications for the ​future of NFTs in India.

Recent Videos

Videos

Indian Budget Provision Allows Government to Define NFTs

A clause in India’s 2022 budget announced Tuesday by Finance Minister Nirmala Sitharaman suggests the Modi government may be seeking to define what is or is not a non-fungible token (NFT). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the regulatory implications for the ​future of NFTs in India.

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Videos

India Unveils 2022 Budget Proposing 30% Crypto Tax, Digital Rupee Launch

In her presentation of the Modi government’s budget to Parliament, Indian Finance Minister Nirmala Sitharaman announced plans to launch a digital rupee by next year, and tax income from the transfer of virtual assets at 30%. This comes amid talks of a potential crypto ban in the country.

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Videos

India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee Launch

Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of digital assets on Tuesday. She also said the digital rupee will most likely be issued by 2023, despite the lack of regulatory clarity.

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Videos

India’s Crypto Industry Has Great Expectations From New Budget

India’s cryptocurrency ecosystem is eagerly hoping for a hint of regulation from the government come Feb. 1, 2022. India’s Finance Minister Nirmala Sitharaman is set to present the nation’s budget, which is considered the most important financial day of the year for the world’s largest democracy.

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