Indian Crypto Investors Will Pay 30% Capital Gains Tax

The bill, which proposes the introduction of a 30 percent tax on crypto money investors in India, is going into effect shortly.

The adoption of the bill will allow cryptocurrency investors in India to 30 percent capital gains tax It means he will pay.

Citizens who buy and sell cryptocurrencies in addition to this a 1% tax Citizens who send crypto money to each other as gifts will also pay taxes on this transaction.

Crypto investors in India oppose this bill and oppose the tax rate in the bill. alleviation launched some campaigns for The bill, which continues to be the subject of debate, without any relief accepted.

from April 1 It is thought that the law, which will come into force from now on, may negatively affect the crypto money industry in India. Some names from the industry, this tax regime appeal through the Supreme Court is thinking.

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