India’s parliament has approved a bill that imposes fines on cryptocurrency transactions. The bill comes shortly after taxation authorities introduced a hefty 30% capital gains tax on digital asset transactions. Regulators will implement the policy from April 1, 2022. According to reports released on Friday, Indian legislators have approved a policy geared towards imposing taxation laws on cryptocurrency transactions. The bill championed by Finance Minister Nirmala Sitharaman introduces a capital gains tax of 30% on cryptocurrency transactions. An additional 1% […]
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