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Taxing cryptos does not mean it has been legalized, says Sitharaman
Updated : 4 years, 6 months ago IST
New Delhi [India], February 11 (ANI): Union Finance Minister Nirmala Sitharaman on Friday said the imposition of tax on digital assets should not be seen as a precursor of legalization of cryptocurrencies.
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'Crypto tax': India imposes 30 per cent tax on income from digital assets
Updated : 4 years, 6 months ago IST
New Delhi [India], February 1 (ANI): In a significant move to bring cryptocurrency transactions under the tax net, Union Finance Minister Nirmala Sitharaman on Tuesday announced that income from the transfer of any virtual digital asset shall be taxed at a rate of 30 per cent.
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