🚨 India Clarifies Crypto Taxes Until 2022!
The Indian Tax Appellate Tribunal (ITAT) has made an important decision: profits from the sale of cryptocurrencies will be considered capital income until 2022. 🚀
What does this mean? 🤔
✅ Bitcoin and other cryptocurrencies are classified as capital assets.
✅ The tax burden on early adopters is reduced.
✅ No need to worry about the new tax on virtual digital assets (VDA) until 2022.
Crypto enthusiasts in India can breathe a sigh of relief! 😌
This is a step towards clearer regulation and support for the crypto market.
How do you like this decision? I would love to hear your opinion! 💬
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#BitcoinNews
