Bitcoin Tax

How are Indian crypto industry & investors coping with the new tax regime?

The new financial year brought with it a slew of changes in the tax regime. Income arising from the transfer of virtual digital asset will invite a 30% tax. How will it impact Indian crypto industry?

Government has reiterated that such kind of virtual currencies will not be considered legal tender in India

Last week, the RBI said it was concerned about bitcoin stocking fears that a rapidly swelling bubble could burst

Based on the holding period, you have to pay short-term or long-term capital gains tax