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3232India’s Tax Authority Asks Crypto Exchanges for Details of Coins Traded on Their Platforms
https://www.digit.info/indias-tax-authority-asks-crypto-exchanges-for-details-of-coins-traded-on-their-platforms/
Tue, 01 Nov 2022 02:30:36 +0000https://www.digit.info/2022/11/01/indias-tax-authority-asks-crypto-exchanges-for-details-of-coins-traded-on-their-platforms/Read more]]>India’s tax authority has reportedly asked major cryptocurrency exchanges in the country to provide information pertaining to the coins traded on their platforms. The tax authority is also evaluating the taxability of crypto transactions to determine if the goods and services tax (GST) can be applied to them. Indian Crypto Exchanges to Provide Details of […]
]]>India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions
https://www.digit.info/india-proposes-30-tax-on-crypto-income-finance-minister-cites-phenomenal-increase-in-crypto-transactions/
Tue, 01 Feb 2022 15:05:29 +0000https://www.digit.info/2022/02/01/india-proposes-30-tax-on-crypto-income-finance-minister-cites-phenomenal-increase-in-crypto-transactions/Read more]]>The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual digital assets … The magnitude and frequency of these transactions have made it imperative to provide for a specific tax regime.” 30% on Crypto Income […]
India’s tax authority has reportedly asked major cryptocurrency exchanges in the country to provide information pertaining to the coins traded on their platforms. The tax authority is also evaluating the taxability of crypto transactions to determine if the goods and services tax (GST) can be applied to them. Indian Crypto Exchanges to Provide Details of […]
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual digital assets … The magnitude and frequency of these transactions have made it imperative to provide for a specific tax regime.” 30% on Crypto Income […]