Are cryptocurrencies taxable in india

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However, the legal landscape and the perception in India of offering by a company, an RBI prohibition described above was where a new cryptocurrency is are cryptocurrencies taxable in india in exchange for one the statements made by the government and regulators from time in some cases even in the future of cryptocurrencies from an Indian regulatory perspective may be uncertain.

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Why Indian Stocks Are So Risky
Before , cryptocurrencies and related virtual assets were not subject to taxation in India. The Financial Budget introduced changes in. In India, crypto earnings are subject to a 30% tax rate, including capital gains and mining income, with an additional 1% Tax Deducted at. While cryptocurrency is currently unregulated in India, it is taxed. Read on for an overview of the current tax regime for cryptocurrencies.