What I think about taxation of Cryptocurrency in India
Over 18 days have passed since India's finance minister, Mrs. Nirmala Sitaraman, introduced taxation on virtual digital assets (also known as cryptocurrencies) in India. You can read more about it in my post Budget 2022: Profits on Virtual Digital Assets to be Taxed in India. After doing my own research, I summarized my point of view in this article.What is taxation all about?The taxation rules involve the following details:All the profits made with virtual digital assets will be taxed a...
What I think about taxation of Cryptocurrency in India
Over 18 days have passed since India's finance minister, Mrs. Nirmala Sitaraman, introduced taxation on virtual digital assets (also known as cryptocurrencies) in India. You can read more about it in my post Budget 2022: Profits on Virtual Digital Assets to be Taxed in India. After doing my own research, I summarized my point of view in this article.What is taxation all about?The taxation rules involve the following details:All the profits made with virtual digital assets will be taxed a...
