Browsing Tag

Crypto mining

Bitcoin miners want to recast themselves as eco-friendly

Jason Junior Mar 22, 2022 0

Along a dirt-covered road deep in Texas farm country, the cryptocurrency company Argo Blockchain is building a power plant for the internet age: a crypto "mining" site stocked with…
Read More...

Business

Crypto mining cost not to be allowed as deduction under I-T Act: FinMin

Jason Junior Mar 21, 2022 0

Infrastructure cost incurred in the mining of cryptocurrencies or any virtual digital assets will not be allowed as deduction under the income tax act, Minister of State for Finance…
Read More...

Business

Crypto mining cost not to be allowed as deduction under IT Act

Jason Junior Mar 21, 2022 0

Image Source : PTI (FILE) The provisions related to 1 per cent TDS will come into effect from July 1, 2022, while the gains will be taxed effective April 1. Infrastructure…
Read More...