India Adopts Crypto, Introduces ‘Crypto Tax’ At Union Budget 2022

India Adopts Crypto, Introduces ‘Crypto Tax’ At Union Budget 2022

India in its Union Budget 2022 has decided to introduce a ‘Crypto Tax’. Finance Minister Nirmala Sitharaman proposed a 30% tax on any income from the transfer of virtual digital assets. No Tax deductions or exemptions apart from the cost of acquisition shall be permitted, according to Sitharaman. With this…
Click here to read more

Source: Bitcoinist
Posted: 4 minutes ago