Finance Ministry to define characteristics of cryptos, their usage and legal framework.
Finance Ministry to define characteristics of cryptos, their usage and legal framework.
The government has started work on a comprehensive indirect tax regime for crypto assets that would check any revenue loss to the exchequer due to the ambiguity around the true nature of these assets.
Source: https://www.livemint.com/market/cryptocurrency/central-govt-readies-indirect-tax-regime-for-crypto-assets-11663528144779.html
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