60,000 Indians Petition Government to Lower Crypto Tax to Avoid ‘Devastating Impact’

60,000 Indians Petition Government to Lower Crypto Tax to Avoid 'Devastating Impact'Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. Indians Sign Petition Urging Government to Rethink Crypto Tax Proposal A petition has been initiated on Change.org for the government of India to “introduce reasonable crypto tax […]

Bitcoin & cryptocurrency news

Expectations from Budget 2022 – How can the crypto industry benefit from this budget?

With a considerable amount of mentions and discussions last year, crypto experts have certain expectations this time from Finance Minister Nirmala Sitharaman’s Budget 2022 speech. Here are a few.

The post Expectations from Budget 2022 – How can the crypto industry benefit from this budget? appeared first on WazirX Blog.

Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23

Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else there will be confusion.” Industry Wants Clarity in Crypto Tax Laws in Union Budget […]