Indian crypto markets remained quiet after the government unveiled a 30% crypto tax and a digital Rupee announcement. Is the local crypto community numb to the 'will they, won't they' relationship between crypto and regulators? Sponsored by turbotax:
In her presentation of the Modi government’s budget to Parliament, Indian Finance Minister Nirmala Sitharaman announced plans to launch a digital rupee by next year, and tax income from the transfer of virtual
assets at 30%. This comes amid talks of a potential crypto ban in the country. “The Hash” team discusses the latest development in India’s years-long crypto bend indicating it may legitimize digital assets after all.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
India to introduce 30% crypto tax, digital rupee CBDC by 2022-23At Union Budget 2022, Indian finance minister Sitharaman proposed the launch of a digital rupee for efficient and cheaper currency management.
Les mer »
India Edges Toward Crypto Legalisation With 30% Tax, Announces Digital Rupee LaunchIndia took a step towards legalising crypto with a 30% tax on crypto income, but experts think the new tax may drive away retail investors. By amitoj
Les mer »
A 30% Tax-On-Gain Likely For All Cryptocurrencies As India Prepares To Launch Digital RupeeIndia is set to launch its digital rupee in 2022, making it the tenth country to venture into CBDCs. The disclosure, which was included in its 2022 Union Budget, was made known by Nirmala Sitharaman, the country’s finance minister. Speaking to a house full of parliamentarians, Sitharaman further...
Les mer »
India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee LaunchIndian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of digital assets on Tuesday. She also said the digital rupee will most likely be issued by 2023, despite the lack of regulatory clarity. CoinDesk's India Regulatory Reporter Amitoj Singh discusses what this means for CBDCs and crypto adoption in India following the country's latest step toward legitimatizing the digital asset space.
Les mer »
India Introducing 30% Crypto Tax Amid Digital Rupee PlansAuthorities in India have decided to introduce a tax on cryptocurrency transactions, in addition to issuing a digital currency within the next two years.
Les mer »
India to Levy 30% Tax on Crypto Income, CBDC Launch in 2022-23Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of virtual digital assets, a first for the nation. By amitoj
Les mer »