Union Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Wednesday presented the first Budget of Amril Kaal, enhancing the ease of doing business in India by reducing more than 39,000 compliances and decriminalising more than 3,400 legal provisions

Union Budget 2023: Fiscal deficit estimated at 6.9 percent of GDP, Finance Minister Nirmala Sitharaman announces Rs 7000 cr for phase 3 of E-Courts project

These three news headlines hammer home the current craze over cryptocurrencies, the world over. India is also no stranger to virtual currency and the rage has kicked in strongly. The government is mindful of the consequences of regulated use of cryptocurrencies and has made moves to regulate it by bringing its trade under the tax net.