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Revenue for the quarter came in at Rs 11,451 crore, up 18.7 per cent YoY (or up 5.2 per cent sequentially).

Gifting of crypto tokens and virtual assets would be taxed at the hands of the recipient at the same rate.

“Taking risk is more about managing risk. One has to choose the right kind of assets or choose the right kind of investments. ”

Silver dipped Rs 68 to Rs 61,164 per kg, from Rs 61,232 per kg in the previous trade.

An income earned from both - legal or illegal activities – can be taxed under Income Tax Act, according to experts

As recently as last week, Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey had told the Press Trust of India that India plans to list LIC by March and include the proceeds in the budget numbers.

As far as the stock market is concerned, there are a lot of positives in the budget which I think the market will appreciate as the weeks unfold, says Shankar Sharma

The Finance Minister announced taxation on gains arising from the sale of virtual assets at a flat rate of 30 per cent in her Budget speech, without any deductions to be allowed on these gains. The government also laid out the detailed provision over tax deducted at source (TDS) at a rate of 1 per cent levied on payments made on transfer of digital assets.

The clarification on the taxation of cryptocurrency was a long pending demand from the industry.

“The government has made a commitment towards a stable tax regime, towards ease of paying taxes and no news on that front is once again a reiteration of that.”