Cryptocurrency tax of 30 pct introduced by FM Nirmala Sitharaman
Budget 2022 speech by the Union Finance Minister Nirmala Sitharaman was short on numbers but she did introduce a number of things on technology and that includes digital currency too. The FM has announced on Tuesday that earnings or income from digital asset transfers will be taxed at a rate of 30 per cent. In short, the government will impose a cryptocurrency tax going forward.