Automotive giant Toyota is delving deeper into the use cases of blockchain technology by sponsoring a Web3 hackathon on multi-chain smart contract network Astar Network, which could potentially yield management tools for Toyota's employees.

https://www.coindesk.com/web3/2023/01/31/toyota-to-experiment-with-blockchain-use-cases-by-sponsoring-astar-networks-hackathon/

Meta reports earnings and analysts expect Reality Labs losses to continue their increase.

https://www.theblock.co/post/206819/nearing-14-billion-metas-2022-metaverse-losses-piling-up

AXS

Previous scenario : Broke the descending resistance and pumped according to the Technical Analysis

Second scenario : Breaking out as the previous View but the resistance was broken once before , Expecting an upward movement.
signup.asia/c

Union Budget 2023 India Speech Live Updates: FM Nirmala Sitharaman All Set To Present Her 5th Union Budget

https://coingape.com/budget-2023-india-live-updates-fm-nirmala-sitharaman-speech-cryptocurrency-income-tax-slab/?utm_source=cgtelegram

Very important #JASMY update for those who dont want to miss it!

https://twitter.com/TehLamboX/status/1620393627334889473

FED Interest Rate Decision is at 19:00 (UTC) today.

no matter 25bsp or 50bsp the tone of Powell speech will create local volatility.

❗️TDS all Question & Answers ✅👇


Q1. I am trading on Indian exchanges, Should I deduct TDS?

- No. If trading on Indian exchanges all TDS compliance will be done by Indian exchanges.

The tax payer need not file any TDS forms.


Q2. I am doing P2P on Indian exchange, Should I deduct TDS?

- No. If trading on Indian exchanges all TDS compliance will be done by Indian exchanges.

The tax payer need not file any TDS forms.


Q3. I am doing P2P outside Indian exchanges (like Foreign exchanges or separately), Should I deduct TDS?

- Yes, you are required to deduct TDS and file TDS Forms.


Q4. I am doing trading on International exchanges or DEX (not P2P), Should I deduct TDS?

- Currently this is a grey area. There is no guidance from Income Tax Dept. on how TDS will work on DEX & Foreign exchanges.

Please consult your CA or Tax advisor to understand the risks.


Q5. How many TDS forms are there and which is applicable to Individuals?

- There are 2 TDS forms. 26Q & 26QE

A. Form 26Q is applicable if you have Business Income > 1 cr or Professional Income >50 L in FY 21-22.

If this forms applies to you, Please consult your CA for filing.
—B. Form 26QE is applicable if you
1. Don't have Business/Professional Income OR
2. You have business Income up to 1 cr or Professional Income >50L

This form is NOT yet available on Income tax portal for filing.

We will need to wait for clarity from ITD


Q6. What are the consequences of not deducting TDS?

- There are significant consequences like Penalties, Jail and also fines.

Please consult your CA or tax advisor before taking any decision :)
—-Update*

1. Penalty equal to TDS amount

2. Jail term is 3 months to 7 years and additional fine

tamilbtc.com

Current top 10 coins by LunarCrush Galaxy Score™:

1️⃣ $polk
2️⃣ $ham
3️⃣ $chng
4️⃣ $azero
5️⃣ $cult
6️⃣ $kas
7️⃣ $clv
8️⃣ $kiba
9️⃣ $oxy
🔟 $high

https://lnr.app/s/glp3de

Current top 10 coins by 1-week social mentions:

1️⃣ $btc
2️⃣ $eth
3️⃣ $bnb
4️⃣ $sol
5️⃣ $doge
6️⃣ $shib
7️⃣ $quack
8️⃣ $apt
9️⃣ $cake
🔟 $ada

https://lnr.app/s/0ZjNRy

🤩 #BitMart will support the deposit feature of $MARS on Feb 4th at 6 AM (UTC)!

🚀Follow our official announcement for more details!

👉See details:https://bitmart.tech

Trade on signup.asia/mexc