30% Tax on gains made from Cryptocurrencies in India

30% Tax on gains made from Cryptocurrencies in India

The Indian government has proposed a new tax system for cryptocurrency investors, requiring them to pay a 30% tax on their cryptocurrency gains. One of the biggest announcements in the Budget 2022 speech of the Finance Minister, Nirmala Sitharaman, was to impose a tax at the rate of 30% on the profits made from virtual digital assets (including cryptocurrencies). The […]