India's finance minister says punitive crypto taxes will remain in force
Minister of State for Finance Pankaj Chaudhary knocked back calls to reduce taxes, saying the central bank wants to discourage participation.
Source: cryptoslate.com
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Minister of State for Finance Pankaj Chaudhary knocked back calls to reduce taxes, saying the central bank wants to discourage participation.
In a country with low financial literacy, the government has a duty to explain its stand clearly and unambiguously when it takes the first step towards taxing or regulating a new and confusing ‘financial asset’.
In a country with low financial literacy, the government has a duty to explain its stand clearly and unambiguously when it takes the first step towards taxing or regulating a new and confusing ‘financial asset’.