{"id":570891,"date":"2022-05-09T13:05:43","date_gmt":"2022-05-09T12:05:43","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=570891"},"modified":"2022-05-09T13:05:55","modified_gmt":"2022-05-09T12:05:55","slug":"crypto-transactions-india-face-additional-tax","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/crypto-transactions-india-face-additional-tax\/","title":{"rendered":"Crypto Transactions in India Could Face Additional Tax of 28% Under GST"},"content":{"rendered":"\n
After years of vacillating, India \u2014 in recent times \u2014 has a very clear-cut stance on the cryptomarket: it can exist, but only with strict taxation and rules regarding its use. Now Indian investors, which constitute a sizable portion of the market, are set to face even higher taxes as authorities are finalizing a Goods and Services Tax (GST) of 28% on transactions. The news comes via CNBC-TV18, whose sources revealed the information.<\/p>\n\n\n\n