Indian Government Plans to Impose a 30% Tax on the Sale of Crypto Assets

TokenInsight news, Indian government plans to impose a 30% tax on the sale of crypto assets, which makes the supervision and tax treatment of crypto currency clearer. In the past few months, the legal status of crypto currency in the country has been uncertain. "There has been an alarming increase in the volume of transactions in crypto assets," Finance Minister Nirmala Sitharaman said in a speech on Tuesday. The scale and frequency of these transactions need to develop a specific tax system.