Crypto gains in India will now be subject to a higher tax rate compared to other countries. Starting April 1, 2022, the Indian Finance Bill 2022 will come into effect, with its new 30 percent crypto tax rules. The Rajya Sabha, the upper house of the Indian parliament, gave its approval to the Indian Finance Bill 2022, according to Cointelegraph. The bills approval arrived just within a week after its approval by the Lok Sabha, or the lower house. The Finance Bill was first introduced in January during the parliaments budget session 20222023. It modified existing tax rules and imposed a...
source: https://tokenpost.com/30-crypto-tax-takes-effect-on-April-1st-with-the-approval-of-the-Indian-Finance-Bill-2022-9569
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