 "Cryptocurrency")
Is India anti-crypto? Is crypto a taboo? Will the government allow tax officials and investigating agencies to determine the framework for regulating and taxing cryptocurrencies? Such questions were being posed in recent media coverage with the government being accused of inaction, besides businesses asking for a direction. The finance minister seems to have taken them in her stride to unveil constructively the framework for taxing the crypto economy. The fineprint and tax incidence aside, this move is laudable because it gives a formal shape and a reflection of a conscious evolution of India’s tax policy, unlike the knee-jerk reactions and
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
