02-02-2022 02:18 PM | Source: PR Agency
This along with taxation of digital assets received as gifts - Rishad Manekia, Kairos Capital
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
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