crypto tax india

Budget 2022 crypto news on Twitter

In New Delhi, the government has to be announced new rules for crypto regulation 30 % tax for digital assets like cryptocurrency India and non-fungible tokens (NFTs),”the minister MS. Nirmala sitharaman. “

While presenting the Budget in parliament, Ms. Sitharaman said that income from digital assets will be taxed at 30%, the highest tax band in the country.

Tuesday(01.02.2022), Budget Speech 2022, Finance Minister Nirmala Sitharaman said that by 2023, Blockchain-based and Reserve Bank Of India –to backed Central Bank Digital Currency (CBDC) will be introduced in India. Finance Minister Nirmala Sitharaman has started her Budget Speech 2022.