Union Budget 2022: India Introduces Cryptocurrency Tax of 30 Percent

Budget 2022 speech saw Finance Minister Nirmala Sitharaman announcing a 30 percent tax on income from the transfer of virtual digital assets. She also said that no set-off will be allowed in case of losses.

Feb 2, 2022 - 02:49
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Union Budget 2022: India Introduces Cryptocurrency Tax of 30 Percent
Budget 2022 speech saw Finance Minister Nirmala Sitharaman announcing a 30 percent tax on income from the transfer of virtual digital assets. She also said that no set-off will be allowed in case of losses.