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India to tax cryptocurrencies at 30%

India to tax cryptocurrencies at 30%

India will impose a 30% tax on income from cryptocurrencies and other digital assets. The move has raised investors’ hopes that the country won’t outright ban cryptocurrencies, and is a sign of official acceptance #India #Cryptocurrencies #Tax #News #Reuters Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the …

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Cryptocurrencies Worse Than Ponzi Schemes: RBI Deputy Governor

Cryptocurrencies Worse Than Ponzi Schemes: RBI Deputy Governor

Cryptocurrencies are similar to Ponzi schemes or even worse and banning these is the most sensible option for India, the Reserve Bank of India’s deputy governor T Rabi Sankar said on Monday. All these factors lead to the conclusion that banning cryptocurrency is perhaps the most advisable choice open to India, he said. About NDTV: …

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