Indian Finance Minister nsitharaman has unveiled the 2023 budget for the nation without any change to the crypto tax rules. By amitoj.
India has kept its restrictive crypto tax rules unchanged in 2023. In fact, Finance Minister Nirmala Sitharaman did not mention crypto, virtual digital assets or central bank digital currencies or the digital rupee while unveiling the nation’s budget which indicates the latest tax rules.
Last year, the world's largest democracy instituted stiff taxes on crypto transactions: a 30% tax on profits and a 1% tax deducted at source on all transactions. Predictions from the industry that the year would be a"
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