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AMB Crypto 2021-06-22 11:00:05

This could make buying Bitcoin and other cryptocurrencies more expensive for Indians

India introduced equalization levy in 2016 intending to tax digital transactions- the income accruing to foreign e-commerce companies from India. Although it aimed to tax business-to-business transactions, the tax department is now wondering if the 2% levy is applicable for cryptocurrency assets bought from foreign exchanges. According to reports, the tax department was analyzing if […]

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