Indian investors want government to reconsider crypto tax rate
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Over 54,000 crypto investors have signed a petition urging the Indian government to reconsider a planned 30% tax rate announced earlier this week. Fast facts Blockchain and crypto education provider…
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The Indian government is mulling the taxation of cryptocurrencies as business income, in a decision which could double the tax burden on investors, according to a local report. Fast facts... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
The Indian government may impose a reverse charge goods and services tax (GST) on cryptocurrency investors using foreign exchanges, according to a local media report. See related article: India GST... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
Speaking during the Rajya Sabha session, Aam Aadmi Party (AAP) MP Raghav Chadha raised a critical alarm regarding India’s stance on Virtual Digital Assets (VDAs). He urged the government to legalize crypto assets as a new asset class. Chadha pointed out a glaring systemic paradox: while the government aggressively collects…