Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23 – Taxes Bitcoin News

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Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23 – Taxes Bitcoin News
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An industry association has written to India’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. crypto bitcoin

An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else there will be confusion.”Indian industry association Indiatech has written to the country’s finance minister, Nirmala Sitharaman, regarding cryptocurrency taxation.

The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else there will be confusion.

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