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3232Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%
https://www.digit.info/indian-parliament-member-asks-government-to-tax-crypto-income-more-than-30/
Tue, 29 Mar 2022 05:35:01 +0000https://www.digit.info/2022/03/29/indian-parliament-member-asks-government-to-tax-crypto-income-more-than-30/Read more]]>An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto. Indian Parliament Member Wants to […]
]]>Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered
https://www.digit.info/indian-government-reveals-11-crypto-exchanges-investigated-for-tax-evasion-13-million-recovered/
Tue, 29 Mar 2022 03:30:04 +0000https://www.digit.info/2022/03/29/indian-government-reveals-11-crypto-exchanges-investigated-for-tax-evasion-13-million-recovered/Read more]]>The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some questions regarding the taxation of cryptocurrency exchanges Monday in Lok Sabha, the lower house […]