Govt considers 'reverse charge' on investing via overseas crypto platforms

Govt considers 'reverse charge' on investing via overseas crypto platforms

BusinessToday.In
BusinessToday.In
  • New Delhi,
  • May 17, 2022,
  • Updated May 17, 2022, 1:40 PM IST

Highly placed sources have told Business Today TV that the government is in the final stages of considering a 'reverse charge' on Indians investing in virtual digital assets on overseas crypto platforms. Importantly, investors had been moving to overseas exchanges after the government imposed a 30% tax on income from the crypto trade. Karishma Asoodani brings you more details.

Post a comment0