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CoinGape

2023-01-04 10:15:42

Crypto Exchanges In India Lose Billions Since Tax Regulations: Report

Crypto Exchanges In India Lose Billions Since Tax Regulations: Report

The Indian government declared 30% tax on income from cryptocurrencies earned. Following this there has been a shift of crypto worth Rs 32,000 crore, between February to October, 2022, from domestic to foreign exchange. The study was conducted by Delhi-based The Esya Centre and was named, Virtual Digital Asset Tax Architecture in India. Out of The post Crypto Exchanges In India Lose Billions Since Tax Regulations: Report appeared first on CoinGape .

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