GST
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Cryptocurrency Investors to Receive Tax Notice
News
Cryptocurrency Investors to Receive Tax Notice
News

Big Setback For Foreign Crypto Exchanges In India as Gov Plans 18% Additional Taxation

Foreign crypto exchanges offering their service to Indian customers might have to pay additional tax, as per a report in The Economic Times. The Indian Tax authority is exploring the tax bracket that many foreign cryptocurrency exchanges may fall into depending on their service offerings in the country. At present foreign exchanges don’t pay any

Foreign crypto exchanges offering their service to Indian customers might have to pay additional tax, as per a report in The Economic Times. The Indian Tax authority is exploring the tax bracket that many foreign cryptocurrency exchanges may fall into depending on their service offerings in the country. At present foreign exchanges don’t pay any

GST on Cryptocurrency
Regulation News
GST on Cryptocurrency
Regulation News

India Considering 18% GST on Cryptocurrency Trading Retroactively from July 2017

The Indian government is considering levying 18% GST on cryptocurrency trading that would put virtual currencies under intangible goods category. This proposal might get applied retroactively from July 1, 2017, when GST came into action. Cryptocurrency might get classified as intangible goods with 18% GST As reported by Bloomberg’s Indian division, BloombergQuint, India is considering

The Indian government is considering levying 18% GST on cryptocurrency trading that would put virtual currencies under intangible goods category. This proposal might get applied retroactively from July 1, 2017, when GST came into action. Cryptocurrency might get classified as intangible goods with 18% GST As reported by Bloomberg’s Indian division, BloombergQuint, India is considering