Crypto Currency

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 Big change in Indian economy per "2022 Budget". In this budget now "There are 30%   tax on   Crypto   Currency Income". This is a big change in Indian taxation structure.

             Per today news headlines, Indian Super bank "Reserve Bank Of  India" will issue crypto coin or currency, only that currency will be deemed as legal in India. All other crypto currency like bitcoin or other will not consider as legal in India.

            But overall, hope Crypto Currency will play crucial role in economy. The main point for this change is one can not adjustment it's last year crypto loss with current year profit as well & can not carried forward the loss.

 




    


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