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Bookmarking Crypto InsightsTue, 22 Mar 2022 03:00:47 +0000en-US
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3232Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions
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Tue, 22 Mar 2022 03:00:47 +0000https://www.digit.info/2022/03/22/indian-government-reveals-how-it-plans-to-tax-cryptocurrency-transactions/Read more]]>India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto transactions will be taxed at 30% while losses cannot be deducted. Indian Government Reveals Taxation Plan The Indian ministry of finance answered some questions Monday […]
India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto transactions will be taxed at 30% while losses cannot be deducted. Indian Government Reveals Taxation Plan The Indian ministry of finance answered some questions Monday […]