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3232India 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 […]
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 […]