Indian currency symbol

India announces crypto tax and will launch digital rupee in 2023

By Learning crypto | TheCryptoideas | 1 Feb 2022


India finance minister nirmala sitaraman announced Tax of 30% on income from crypto, any income from transfer of digital assets to be taxed at 30%. Also tds at 1% above certain monetary transaction.

Though more clarity will needed on taxation but it is a very good sign that will encourage indian investors to invest in cyrpto, because there was a overhang of cyrpto bill that will make it illegal tender but it didn't happen but india is also moving towards cyrpto for me as a crypto enthusiast is a good news, if it also for you Don't forget to tip me thanks.

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Learning crypto
Learning crypto

I am 23 year old student who is keen on discovering the actual side of cyrpto and understanding it as best to my knowledge so i can stay invested in it today if this is going to be the future after 20 years and help you guys also in the process.


TheCryptoideas
TheCryptoideas

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