This along with taxation of digital assets received as gifts

2/02/2022 2:18:24 PM | Source: PR Agency

This along with taxation of digital assets received as gifts - Rishad Manekia, Kairos Capital

News By Tags | #5234 #4996 #3853 #6684 #1621 #7297 #7298

Mr. Rishad Manekia, Founder and MD, Kairos Capital

The taxation of private digital assets i.e. crypto currencies and digital gold at 30 per cent along with no deductions or setoffs is a good thing. This along with taxation of digital assets received as gifts will act as a disincentive for young investors who may be unfamiliar with this space. The taxation along with the introduction of an Indian CBDC in 2022 gives a much clearer idea about the way forward for the blockchain ecosystem in India and how the government is thinking about this space

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

This along with taxation of digital assets received as gifts - Rishad Manekia, Kairos Capital

Top News

Tag News

More News