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Benzinga

World

Navdeep Yadav

India Not Done: Another 28% Tax On Bitcoin, Ethereum, Dogecoin Could Be Coming

India Bitcoin Ethereum Dogecoin GST Council Crypto Cryptocurrency Income Tax CNBCTV18

After levying a 30% income tax on profits earned from cryptocurrency trading – the Indian government is now reportedly mulling imposing a 28% Goods and Service Tax (GST) on digital assets.

According to the CNBCTV18 report, the government wishes to bring cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) at par with lottery, casinos, and betting.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Haiti postpones elections indefinitely as gang violence hampers preparations

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