India’s Crypto Conundrum Keeps Investors Perplexed: How New Income Tax Bill Could Define Crypto Assets for First Time?
The crypto sector is expressing their opinions regarding the new treatment that cryptocurrency is set to receive in the wake of India’s new tax rules. Many industry participants have welcomed the new tax bill, but many have also expressed uncertainty about how it will affect them.
India’s income tax law is all set to redefine the Indian crypto space. The new income tax law from India, which contains provisions for digital assets, may clarify the definition of crypto assets and bring much-needed legislative certainty.
Amid the new laws, the industry is now voicing out how they feel about the new treatment crypto is about to receive.
