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RE: What is Digital Rupee? All Indian Digital Currency (CBDC)
It's me again @winy
the government has said it will impose a 30% tax on crypto-currency revenues and digital assets such as NFTs.
Would that be 30% on earnings from crypo? Meaning: will it be paid when you change your crypto to FIAT currencies? Or will you have to pay 30% from each trade or even each transaction?
When taxable event is taking place?
ps.
I hope you're having great weekend. Stay safe buddy,
Cheers, Piotr
Hii again,
30% Tax is only applicable on profit gained from the transaction of cryptocurrency,
Tax will be automatically calculated and will be deducted from the bank account, I have read somewhere
I am having a wonderful weekend buddy,😊
I hope you're too having a great weekend,
Thank you so much for your inputs, peter 🥰
@winy