Home Cryptocurrency News India looking to tax cryptocurrency trades and ecosystem in the country -ET Now

India looking to tax cryptocurrency trades and ecosystem in the country -ET Now

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Sept 13 (Reuters) – The Indian authorities is seeking to tax cryptocurrency trades and ecosystem within the nation, information web site ET Now tweeted on Monday, citing sources.

The tax division is in favour of taxing crypto exchanges and trades and the federal government feels that any exercise that generates revenue should pay tax, ET Now reported.

Reporting by Kanishka Singh in Bengaluru; Modifying by Christopher Cushing

Our Requirements: The Thomson Reuters Trust Principles.


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