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    India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions

    • Post author:MiamiCrypto
    • Post published:February 1, 2022
    • Post category:Finance Minister Nirmala Sitharaman/how are cryptocurrencies taxed india/how are NFTs taxed india/India/indian crypto taxation/indian cryptocurrency taxation/indian finance minister/indian NFTs/indian taxation/NFT taxation india/Regulation

    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…

    Continue ReadingIndia Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions
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