New Tax on Crypto Transactions: Impact and Implications

Finance Minister Nirmala Sitharaman announced in the Union Budget that only the RBI-issued 'Digital Rupee' will be recognized as currency, introducing a new tax on crypto transactions. This move raises questions about whether it will bring stability or cr

New Tax on Crypto Transactions: Impact and Implications
India Today
1.1K views β€’ Feb 2, 2022
New Tax on Crypto Transactions: Impact and Implications

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Finance Minister Nirmala Sitharaman, who presented the Union Budget yesterday, said only RBI-issued 'Digital Rupee' will be recognised as currency and the government will levy 30 per cent tax on gains made from any other private digital assets from April 1.

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Feb 2, 2022

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