A tax framework on cryptocurrencies introduced by India’s Finance Minister Nirmala Sitharaman will become law in the country after being passed as an amendment to the Finance Bill.
This bill caused uproar in the indian Crypto community. Multiple indian politicians was against this decision with one person stating that banking crypto is lke banning the internet.
Nevertheless, the law is been passed and no there will be a 30% capital gains tax for Indians
Whats your thoughts on this?
