ADVERTISEMENT

Not Doing Anything To Legalise Or Ban Crypto At This Stage: Nirmala Sitharaman

"We have only taxed the profit emanating from the crypto transactions," Nirmala Sitharaman said.
"We have only taxed the profit emanating from the crypto transactions," Nirmala Sitharaman said.
New Delhi: Finance Minister Nirmala Sitharaman on Friday said that banning or not banning cryptocurrencies will come subsequently after consultations. In her reply on Union Budget 2022-23 in Rajya Sabha, Ms Sitharaman stated, "The government has sovereign right to tax profit made from cryptocurrency transactions, and the decision on banning or not banning will be taken based on feedback from consultations. I'm not doing anything to l...
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit