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Cryptopolitan
2022-05-09 13:50:45

India plans to impose a 28% Good and Services Tax on cryptocurrency

India plans to impose a 28% Good and Services Tax on cryptocurrency

At the next Good and Services Tax (GST) Council meeting, officials in India are anticipated to look into implementing a 28% tax on crypto-related transactions and services. The top decision-making body on indirect taxes, GST, is scheduled to discuss the future of indirect taxes in their next meeting regarding cryptocurrencies. The council’s legal committee proposed...

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