India will be imposing a 30% tax on income from crypto and other digital assets like Non-fungile tokens (NFTs), finance minister Nirmala Sitharaman said while presenting the federal budget on Tuesday. Aside from placing earnings from cryptocurrencies and Non-fungible tokens (NFTs) in India’s highest tax band, Sitharaman also mentioned that losses from their sale could not be offset against other income, delivering another disincentive to trading and investment in digital assets. Industry esti...