Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: sirty143 on April 03, 2022, 07:03:07 AM

Title: India's Crypto Trading Volume Plummets as New Tax Rules Enter Into Force
Post by: sirty143 on April 03, 2022, 07:03:07 AM
India's Crypto Trading Volume Plummets as New Tax Rules Enter Into Force

(https://i.imgur.com/cTjS45bm.jpg)

Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. See more for yourself here (https://news.bitcoin.com/indias-crypto-trading-volume-plummets-as-new-tax-rules-enter-into-force/).

Your opinion is greatly appreciated.